Monday, February 20, 2012

Second Greek bailout in reach despite funding gaps


BRUSSELS (Reuters) - Euro zone finance ministers inched towards approving a second bailout for debt-laden Greece on Monday that would resolve Athens' immediate repayment needs but seems unlikely to revive the nation's shattered economy. Agreement on a 130-billion-euro rescue package on strict conditions would draw a line under months of uncertainty that has shaken the currency bloc, and avert an imminent bankruptcy. As the ministers met, officials were struggling to make the numbers add up. ...

No comments:

Post a Comment

wibiya widget