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Tuesday, April 21, 2015

Wary of brinkmanship, euro zone won't set more deadlines for Greece

Euro zone finance ministers will not be setting any deadlines for Greece because they lead to brinkmanship in negotiations on what reforms Athens needs to do in exchange for more funding, a senior euro zone official said on Tuesday. Greece, which is quickly running out of cash, and the euro zone agreed in February that by the end of April Athens would agree with its euro zone creditors on a comprehensive list of reforms to get 7.2 billion euros () remaining from its bailout. Euro zone officials had expected the list to be presented to euro zone finance ministers this Friday in Riga.


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