Eurogroup Fails to Reach Bailout Deal With Greece

© REUTERS / Marko DjuricaGreece's left-wing government did not agree on new bailout terms in emergency talks with the EU finance ministers in Brussels, known as the Eurogroup, the BBC reported Thursday.
Greece's left-wing government did not agree on new bailout terms in emergency talks with the EU finance ministers in Brussels, known as the Eurogroup, the BBC reported Thursday. - Sputnik International
Subscribe
The recently elected left-wing Greece government maintained its position of rejecting the European Commission, the International Monetary Fund and the European Central Bank new bailout terms.

Traders work on the floor of the New York Stock Exchange - Sputnik International
Global Markets Surge as Greek Debt Deal Nears, Russia’s Assets Advance
MOSCOW (Sputnik) — Greece's left-wing government did not agree on new bailout terms in emergency talks with the EU finance ministers in Brussels, known as the Eurogroup, the BBC reported Thursday.

"We had an intense discussion, constructive, covering a lot of ground, also making progress, but not enough progress yet to come to joint conclusions," Eurogroup President Jeroen Dijsselbloem was quoted as saying.

Alexis Tsipras, opposition leader and head of radical leftist Syriza party - Sputnik International
The Final Countdown: Will Greece Ruin Euro?
According to both Dijsselbloem and Greek Finance Minister Yanis Varoufakis, the sides are expected to meet again on Monday.

Meanwhile, a crowd of up to 20,000 people were reported to gather in Athens late Wednesday to voice support for Greek Prime Minister Alexis Tsipras government's anti-austerity stance.

The deadline for Greece's bailout program overseen by the so-called troika of international money lenders — the European Commission, the International Monetary Fund and the European Central Bank — expires on February 28.

The recently elected left-wing Syriza party maintained its position of rejecting the troika's terms and promising to renegotiate its overwhelming debt.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала