IMF chief to propose 28-bln-euro loan for Greece

 　　WASHINGTON, March 9 (Xinhua)-- The head of the International Monetary¹ Fund (IMF) said Friday that she would advise the Fund to contribute 28 billion euros (about 36.7 billion U.S. dollars) to the second bailout package for Greece.

　　"Today I have consulted with the IMF's Executive Board and on that basis, as discussed with the Greek government, I intend to recommend a 28 billion euros arrangement under the Fund's Extended Fund Facility (EFF) to support Greece's ambitious economic program over the next four years," IMF chief Christine Lagarde said in a statement.

　　"The IMF's continued support would be part of an integrated package where all parties -- the Greek government, its European Partners, the private sector², and the Fund -- would play their part to help the Greek people overcome this crisis and over time restore growth, thus contributing to broader global financial stability," she added.

　　The offer came after Greece secured strong support from private creditors³. The government said private investors⁴ holding 85.8 percent of the bonds governed by Greek law would participate in the debt swap⁵ deal, clearing the way for Athens to win a 130- billion-euro (172 billion U.S. dollars) rescue package from other eurozone countries and the IMF.

　　Lagarde welcomed the high participation⁶ rate of private investors in the debt swap program, saying it is an important step which would dramatically reduce Greece's medium-term financial needs and contribute to debt sustainability.

　　Lagarde said the loan will be proposed to the IMF's Executive Board next week for review.

1 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

2 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

3 creditors   

n.债权人，债主( creditor的名词复数 )

参考例句：

• They agreed to repay their creditors over a period of three years. 他们同意3年内向债主还清欠款。 来自《简明英汉词典》
• Creditors could obtain a writ for the arrest of their debtors. 债权人可以获得逮捕债务人的令状。 来自《简明英汉词典》

4 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

5 swap   

n.交换；vt.交换，用...作交易

参考例句：

• I will swap you my bicycle for your radio.我想拿我的自行车换你的收音机。
• This comic was a swap that I got from Nick.这本漫画书是我从尼克那里换来的。

6 participation   

n.参与，参加，分享

参考例句：

• Some of the magic tricks called for audience participation.有些魔术要求有观众的参与。
• The scheme aims to encourage increased participation in sporting activities.这个方案旨在鼓励大众更多地参与体育活动。