EU official: Greece needs extra $20 billion

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BRUSSELS – Greece’s international debt inspectors have discovered that the debt-ridden country still needs an extra euro15 billion ($20 billion) in help – on top of a promised euro130 billion bailout and a euro100 billion debt relief from private investors, a European official said Thursday. The European Commission, the executive arm of the European Union, has asked the rest of the 17-country eurozone to help foot the bill for the missing euro15 billion, the official said, indicating that a limit has been reached of what can be achieved by Athens implementing further spending cuts and private investors taking losses on their Greek bonds. The gap could be filled either through more help from…

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