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Friday, April 24, 2015

Greece Loan: 'Wide Differences' Remain On Deal

The head of the so-called eurogroup of finance ministers has admitted "wide differences" remain on securing a loan deal for Greece, to keep it from a possible default. Dutch finance minister Jeroen Dijsselbloem was speaking after a meeting in Latvian capital Riga involving his 18 counterparts, including Yanis Varoufakis of Greece. Mr Varoukakis is under pressure to come up with a comprehensive list of economic reforms that are demanded of Greece if it is to get vital loans to avoid going bankrupt and defaulting on its debts. Mr Dijsselbloem ruled out the prospect of the creditors, which are the European Union, European Central Bank and the International Monetary Fund, considering a half-way deal that could give Greece part of the money.


READ THE ORIGINAL POST AT uk.news.yahoo.com