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IPFS News Link • Greece

Yet Another Greece Crisis

• mishtalk.com by mishgea

Greece still needs another debt relief extension, but as expected in this corner, another battle is brewing. Talks are cancelled.

This time, the battle is over pensions.

Please consider European Bailout Chiefs Suspend Greek Debt-Relief Measures.

European bailout monitors have suspended planned debt-relief measures for Greece in response to the surprise move by Athens to spend an additional €600m on poorer pensioners in breach of its international commitments.

European finance ministers this month agreed to a series of short-term debt relief measures that would cut Greece's debt-to-GDP ratio by up to 20 percentage points.


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