Greek handout

BRUSSELS: The heads of European Monetary Union nations have unveiled their latest plan to aid Greece: a pledge to lend €22 billion ($41 billion) - two-thirds from 'eurozone' governments (EU nations that use euros) and a third from the International Monetary Fund.

But it remains unclear whether this plan will be enough to calm the bond markets which have been desperately selling Greek government bonds, pushing up Athens' cost of borrowing to double that of Germany.