Thursday, June 21, 2012

Economy - Voice of America: Euro Finance Chiefs Weigh Greek Debt Relief

Economy - Voice of America
economy-and-business
Euro Finance Chiefs Weigh Greek Debt Relief
Jun 21st 2012, 14:27

Finance chiefs from Europe's currency bloc are in Luxembourg to start weighing whether to ease the terms of Greece's latest bailout. Some European officials have acknowledged debt-ridden Greece will need more leeway to advance its economy, now in the fifth year of a recession, and achieve a budget surplus. But finance ministers from Germany, the Netherlands and Finland are likely to balk Thursday at relenting on austerity measures Athens pledged to adopt as it secured a $168 ...

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