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Eurozone Agrees on Four-Month Extension of Greece Bailout
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A four month extension till the end of June was agreed to in negotiations between the EU, IMF, ECB, and the government of Greece. Under the agreement Greece will have to present a list of budget cuts and economic changes to the EU, ECB and IMF on Feb. 23, 2015. This will be reviewed by EU finance ministers on Feb 24. The economic measures will have to be implemented for Greece to get its 7.2 billion euro instalment pot pf a 240 billion euro bailout.
Difficult negotiations between the Syriza government in Greece and the E.U., ECB, IMF, in Feb.- June 2015
01/26/2015
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Eurozone Agrees on Four-Month Extension of Greece Bailout
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