Greek bailout package to rise, IMF tells lawmakers

BERLIN (Reuters) - Greece will receive much more aid than initially expected, German lawmakers said on Wednesday after a briefing with the International Monetary Fund, reviving markets that had been spooked by fears of a Greek debt default.

They said IMF chief Dominique Strauss-Kahn told policy makers the aid package for debt-crippled Greece would be worth 100-120 billion euros ($133-160 billion) over three years, against the 45 billion pledged to date by the IMF and euro zone.