Quantcast



Greece faces 'deadline to clinch bailout' - Europe - Al Jazeera English

Greece has only one day left to clinch a eurozone bailout and a bond swap with creditors to manage its crushing debt repayments, its finance minister has said, warning that talks were "on a knife edge".

"The moment is very critical," Evangelos Venizelos told reporters on Saturday after a telephone conference with fellow eurozone finance ministers, which he described as "very difficult".

"Everything must be concluded by tomorrow (Sunday) night... so that we can be within the timetable given the bond maturities in March," the minister said.

Athens has been negotiating with the European Union, the International Monetary Fund and the European Central Bank on further action needed to unlock a new rescue deal worth 130bn euros ($171bn).
Greece faces 'deadline to clinch bailout' - Europe - Al Jazeera English    




Syndicate content

Google
Google Occasion2B




Login