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Eugene

(61,938 posts)
Mon Feb 16, 2015, 03:28 PM Feb 2015

Meeting Over Greek Debt Ends in Acrimony

Source: New York Times

Meeting Over Greek Debt Ends in Acrimony

By JAMES KANTERFEB. 16, 2015

BRUSSELS — A meeting of eurozone finance ministers on Greece's debt crisis broke up in acrimony on Monday evening, further dimming hopes of a speedy resolution to problems that could result in the new Greek government soon running out of money.

Just before the meeting ended, a Greek official dismissed the latest proposal by its European creditors as “unreasonable and unacceptable.” The proposal had called for Greece to abide by the current terms of its bailout program.

Greek officials have been seeking to revise or scrap the current bailout plan to allow them more flexibility in their budgeting plans.

The insistence on holding Greece to its prior commitments showed the eurozone ministers were “wasting their time,” wrote the official, who under government policy could not be identified by name.

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Read more: http://www.nytimes.com/2015/02/17/business/international/greece-debt-eurozone-finance-ministers-meeting.html
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