Who's going to pony up for Greek bailout no.3?

  • IMF signalled it may participate in bailout
  • Doesn't think ESM alone will fund €86bn for Greece
  • Nominal debt cut is not on the agenda
  • Can discuss maturity extension to ease Greek debt load
  • Can't guarantee success of the Greek program
  • Election should lead to more political stability (Wasn't that supposed to happen last time?)
  • Doesn't see ESM lending rates below refi costs

Just pour the money in already