Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

Eurozone finance ministers mull Greek debt relief

Eurozone finance ministers mull Greek debt relief
Copyright 
By Euronews
Published on
Share Comments
Share Close Button

Eurozone officials are discussing whether to pay another chunk of aid to Greece amid talk about granting the country some debt relief. The Greek

Eurozone officials are discussing whether to pay another chunk of aid to Greece amid talk about granting the country some debt relief.

ADVERTISEMENT
ADVERTISEMENT

The Greek parliament passed new austerity measures on Sunday to cut pensions and hike taxes.

But there is stiff opposition from Germany to giving Athens any leeway on its debts.

This is the first review for the third bailout that Greece signed last year with its international creditors.

A sum 5.4 billion euros is needed to repay the European Central Bank and the IMF in July.

Cash is also needed to pay civil servant salaries.

But the latest reforms have sparked anger on the streets – Prime Minister Alexis Tspiras had promised to end the age of austerity during his election campaign in September last year.

Go to accessibility shortcuts
Share Comments

Read more

Pro-monarchy and pro-democracy protesters gather across Europe in support of Iran

French blockade looms over Commission’s plan to fast-track trade deals in English

Europe’s far right is lost in Trump’s war against Iran