MADRID: Spanish Economy Minister Luis de Guindos on Monday (Tuesday in Manila) said European Union officials are estimating that a hypothetical third bailout for Greece could amount to between 30 and 50 billion euros ($34 billion to $55 billion).

European officials have estimated that Greece’s financing needs could require an aid package of “30 billion, 40 billion, 50 billion euros,” the minister told reporters in the northern city of Pamplona according to his press office.

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