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CASH Greece Eyes $1.3B Stimulus Thanassis Stavrakis / AP Photo

Greece Eyes $1.3B Stimulus

A day after it secured the biggest debt restructuring in history to avert immediate default, Greece is hoping to get $1.3 billion in stimulus financing from the European Investment Bank this year, a top Greek economic official said Saturday. "I believe in the end it will happen," said Gikas Hardouvelis, top economic adviser to Prime Minister Lucas Papademos. Friday's debt restructuring already opens the way for a $170 billion bailout from the European Union, and Greece is looking for more ways to kickstart its economy.

March 10, 2012 10:04 AM