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IMF Approves $4.3B Loan for Greece
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FBN’s Sandra Smith on the IMF approving a $4.3 billion loan for Greece.
- Duration 0:56
- Date Jan 16, 2013
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Transcript
This transcript is automatically generated
Good afternoon I'm Sandra Smith with your Fox Business -- continues to be and mixed market down on Wall Street with less than thirty minutes in the trading day.
The Dow is down 32 the NASDAQ and S&P are both higher.
After an economic review the International Monetary Fund has approved in more than four billion dollar loan installment to Greece.
The IMF's decision follows the Greek parliament's approval this week of an emergency bill ratifying dozens of conditions set by bailout lender.
-- economy is being kept afloat by international rescue loans from other eurozone members and and the IMF.
And if you thought credit card that was for young adults -- again in -- twelve older Americans relied on credit cards.
As the financial -- and -- down less of their debt -- younger consumers.
It's presently almost half of the older generation were called by debt collectors and are seeking help from credit counseling services.
