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Greece to get chance to explain its anti-austerity reform plan to eurozone finance ministers

Greece to get chance to explain its anti-austerity reform plan to eurozone finance ministers
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Eurozone finance ministers are to hold a special meeting next Wednesday to discuss how to proceed with financial support for Greece.

The gathering in Brussels is in preparation for talks among European Union leaders on the issue the next day.

Finance Minister Yanis Varoufakis will have an opportunity to present the new Greek government’s plan of how it wants to reform its economy and get its public finances back on track.

Other eurozone members are sceptical about its demands for a reduction in Greece’s debt and an end to austerity.

Germany in particularly has made it clear Athens can only do that while respecting the commitments Greece accepted under previous governments and stressed it will only get more loans to pay its bills on that basis.

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