Page last updated at 08:52 GMT, Monday, 10 May 2010 09:52 UK

Alistair Darling: Package 'a good deal for Europe'

Advertisement

UK Chancellor Alistair Darling has described an agreement by EU finance ministers to prop up the Greek economy as ''a good deal'' for Europe and for Britain.

The emergency measures are worth 500bn euros (£430bn) and aim to stop the Greek debt crisis from spreading.

The International Monetary Fund (IMF) will also contribute up to 250bn euros.

Mr Darling outlined the terms of the agreement.

SEE ALSO

Story Tools

BBC navigation

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific