Economy - Voice of America: EU Set to Ease Greek Bailout Terms

Economy - Voice of America economy-and-business

EU Set to Ease Greek Bailout Terms Jun 19th 2012, 14:53 The European Union says it is set to ease the strict austerity conditions of Greece's financial bailout, possibly agreeing to changes in the rescue package in the next few months. With Greece on the verge of forming a new coalition government after Sunday's parliamentary elections, one EU official anonymously said given the country's worsening economic conditions it would be "stupid" to keep the existing bailout terms. He said that forcing Greece to adhere to all ... Media files: FB66DD0E-DA15-46FE-A8AC-B0DF557EEE0C_cx0_cy6_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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