Germany renews pressure on Greek gov't for reforms

Greek Finance Minister Yannis Stournaras informed Germany's Wolfgang Schaeuble at a meeting in Berlin about “Greece's progress in complying with the conditions” of its second bailout, Schaeuble's ministry said in a statement. It said the atmosphere was “friendly and cooperative.”

The new coalition government in Athens is drawing up a new program of austerity measures worth some 11.5 billion euros (US$14.5 billion) in cutbacks as it scrambles to satisfy debt inspectors and creditors that it should continue to receive financial aid.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	US home prices increase in July by most in 6 years

NEXT ARTICLE
Monti and Hollande meet to discuss stability of euro

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit