The IMF's smaller contribution reflects fears from the fund's membership that it is becoming over-exposed to the eurozone. It has already agreed to lend €30 billion to Greece, €22.5 billion to Ireland and €26 billion to Portugal, many times the shareholding of those three governments in the IMF.
The size of the IMF's contribution hasn't been finalised. It will be a topic of discussions between eurozone officials on Sunday and finance ministers on Monday aimed at striking a deal on the second Greek bailout after months of negotiations. IMF officials are expected to attend Monday's meeting of finance ministers in Brussels.
The IMF contributed 27 per cent to the first Greek bailout of €110 billion and a third of the Irish and Portuguese bailouts. But after eurozone leaders last July agreed to give Greece a second bailout, officials said that the IMF's contribution would be significantly less than a third.
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