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Tuesday, November 25, 2014

After delays, Greek bailout talks with debt inspectors resume in Paris

by  Associated Press Greek bailout talks resume in Paris Associated Press - 25 November 2014 12:09-05:00 PARIS (AP) — Greek government officials have resumed negotiations in Paris with bailout inspectors to try and overcome differences over a feared budget shortfall next year and the future of painful cost-cutting reforms. Greek Finance Minister Gikas Hardouvelis said "we have made progress and are continuing to make it" before the meetings started Tuesday with representatives from the "troika" of the European Commission, European Central Bank and International Monetary Fund. The weeks-delayed talks took place as Greece's parliament began debating the 2015 budget that predicts 2.9 percent growth next year following a six-year recession, and a near-zero budget deficit. The debt inspectors find those forecasts rosy. The final parliament vote on the budget is expected on Dec. 7. News Topics: Business, National budgets, Government budgets, Government finance, Government business and finance, Government and politics, National governments People, Places and Companies: Greece, France, Paris, Western Europe, Europe Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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