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Friday, July 5, 2013

EU Officials Threaten To Hold Back Funds As Greece Fails To Enact Reforms




European Union and International Monetary Fund officials may freeze bailout payments to Greece worth 8.1 billion euros for three months, said a senior eurozone official on Wednesday, after Athens failed to enact necessary reforms and cuts to its bloated public sector.






<p>&nbsp;European Union and International Monetary Fund officials may freeze bailout payments to Greece worth 8.1 billion euros for three months, said a senior eurozone official on Wednesday, after Athens failed to enact necessary reforms and cuts to its bloated public sector.&nbsp;</p>



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READ THE ORIGINAL POST AT www.economywatch.com