European Commission (EC) President Jean Claude-Juncker criticised on Friday the lack of progress in the negotiations on Greece's bailout. However Juncker assured that there was no risk of failure in the talks, which could lead to Greece leaving the Eurozone, EurActiv reports. Greek Prime Minister Alexis Tsipras was in Brussels on Friday, where he met with Juncker and European Parliament President Martin Schulz. Tsipras is looking for EU support on the reforms proposed by his government in an exchange for the four-month extension of the country's bailout, which had been negotiated in February. Greece will not be granted any of the cash until the proposed reforms are approved by the Eurozone. Athens has to repay debts amounting to EUR 6 B to its international creditors until the end of March alone.
 |
| READ THE ORIGINAL POST AT www.novinite.com |
