Economy - Voice of America: Greece to Seek Delay in Austerity Measures

Economy - Voice of America economy-and-business

Greece to Seek Delay in Austerity Measures Aug 15th 2012, 16:08 With its economy crumbling, Greece has decided to ask its European neighbors for a two-year extension to 2016 to carry out its latest austerity program. New Greek Prime Minister Antonis Samaras plans to travel to Paris and Berlin next week to meet with French President Francois Hollande and German Chancellor Angela Merkel to present Greece's case for a delay in the spending cuts it previously had agreed to. Berlin said Wednesday it would listen to the Greek leader's plea, but remains ... Media files: 996B570B-8E1C-4EBD-8948-048DD6F43268_cx0_cy14_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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