IMF board approves nearly $40 billion Greece loan

Protesters throw traffic signs against riot police in front of the Parliament building during an anti Government rally in Athens, Greeece, on Wednesday May 5, 2010. Flights to and from Greece were grounded, trains and ferries suspended their routes and public services were paralyzed Wednesday as Greek workers went on strike to protest harsh new spending cuts aimed at saving their country from bankruptcy. (Thanassis Stavrakis)

May 9, 2010 12:46:07 PM PDT
The board of the International Monetary Fund has approved its part of a $140 billion bailout package for Greece.