Tags: Greece | Bailout

EU Commission: Final Deal on Greek Debt Unlikely This Week

Tuesday, 10 Feb 2015 07:31 AM

The European Union's executive says it is unlikely that a final agreement with Greece over easing its bailout debt load will be reached at meetings this week.

Eurozone finance ministers will hold a special meeting Wednesday and EU leaders will gather for a summit Thursday.

Mina Andreeva, spokeswoman for the EU's executive Commission, said Tuesday that the meetings will be a first opportunity for officials to speak with the newly elected Greek government.

Greece's radical left government wants a lightening in its bailout debt as well as an easing in required budget austerity measures.

Eurozone nations have said Greece should not count on any forgiveness of its debts, although several countries have hinted that changes — such as to repayment schedule — might be considered.

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The European Union's executive says it is unlikely that a final agreement with Greece over easing its bailout debt load will be reached at meetings this week.Eurozone finance ministers will hold a special meeting Wednesday and EU leaders will gather for a summit...
Greece, Bailout
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2015-31-10
Tuesday, 10 Feb 2015 07:31 AM
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