16 Φεβρουαρίου 2012

Bailout agony extended

Greece will have to wait until Monday, when eurozone finance ministers meet, to discover if it will receive the final approval for a new bailout, although this may involve a permanent presence for the troika in Athens and the opening of an escrow account for the loans to be paid into.

The Eurogroup held a teleconference Wednesday to assess whether Greece had met all the preconditions for finance ministers to sign off on the deal, to be worth at least 130 billion euros. Eurogroup chief Jean-Claude Juncker said Greece had met the three terms it had been set, including the provision of written commitments from PASOK’s George Papandreou and New Democracy’s Antonis Samaras
ekathimerini.com/