国际英语新闻：Greek PM suggests global financial governance to address economic crisis

In the meantime Greek media reported on Wednesday evening that by the upcoming weekend, the consultations on the final terms of the financial aid package to Athens by the European Union and the International Monetary Fund (IMF), will most probably have been completed.

After the latest worrying developments with the increase of Portuguese and Spanish bonds, Germany seemed to finally realize that what is at stake now is not just the Greek economy, but the stability of the Eurozone, Greek analysts noted.

Greek Prime Minister George Papandreou speaks at the 14th Roundtable with the Greek Government organized by the Economist in Athens, capital of Greece, April 28, 2010. Papandreou suggested on Wednesday evening a global financial governance to address the deep economic crisis that now seems to spread from Greece to other Euro-zone member countries.

According to unconfirmed sources from the IMF the funds, on the support mechanism for Greece could eventually reach the 120 billion euros (158.4 billion U.S. dollars), over the next three years.