Europe dangles Greece carrot and stick

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SaiGon GP English 25 month(s) ago 1 related news

Europe dangles Greece carrot and stick

LUXEMBOURG, June 20, 2011 (AFP) - Europe demanded on Monday that Greece's parliament pass fierce new budget cuts and a raft of asset sales, but vowed to reward a successful vote by unblocking existing bailout loans and drawing up a second financial rescue.

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Eurozone ministers put next tranche of loans for Greece on hold

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VietnamNet English 25 month(s) ago 1 related news

Eurozone finance ministers put the next tranche of loans for Greece on hold after talks dragged into the early hours of Monday, asking Athens to approve new austerity measures first.

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