Arab Today, arab today eurozone calls for tighter oversight
Last Updated : GMT 06:58:52
Arab Today, arab today
Arab Today, arab today

Eurozone calls for tighter oversight

Arab Today, arab today

Arab Today, arab today Eurozone calls for tighter oversight

Athens - BBC

Eurozone finance ministers have demanded much greater oversight of Greece\'s economy in return for a 130bn-euro (£110bn; $170bn) bailout package. In a three-hour conference call on Wednesday, the ministers scrutinised Greece\'s planned budget cuts. The single currency bloc praised Greece\'s \"substantial progress\", but demanded more detail, including a full timeline for implementing the measures. A decision on the bailout is expected to be finalised on Monday. Greece faces a looming deadline in mid-March when it needs to make repayments on a 14.5bn-euro bond, or face bankruptcy. The EU and IMF have demanded that Greece make deep cuts and restructure its economy in return for the bailout. \'Bottomless pit\' Speaking after a conference call between the 17 eurozone finance ministers on Wednesday, Jean-Claude Juncker, head of the so-called Eurogroup, praised the progress Greece had made. But he said more work was needed to strengthen oversight of how Greece would implement its austerity plans. The BBC\'s Chris Morris in Brussels says the call reflects scepticism that Greece is willing or able to deliver on its promises of reform. The \"troika\" of institutional lenders - the EU, the International Monetary Fund (IMF) and the European Central Bank (ECB) - had been demanding that Greece identify 325m euros of further spending cuts. Mr Juncker said work on this had been carried out, including a timetable for implementation. The ministers also insisted that the major Greek political parties promise in writing to implement the cuts, regardless of who wins a general election scheduled for April. Leaders of the two main parties have now signed letters committing them to enacting the changes. Meanwhile, President Karolos Papoulias hit out at German Finance Minister Wolfgang Schaeuble, whose comments during the talks stirred anger in Greece. \"I do not accept having my country taunted by Mr Schaeuble, as a Greek I do not accept it,\" Mr Papoulias said. Earlier, Mr Schaeuble said: \"We can help, but we are not going to pour money into a bottomless pit.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone calls for tighter oversight Arab Today, arab today eurozone calls for tighter oversight

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today At least 14 killed in Philippine bus crash

GMT 06:58 2017 Tuesday ,21 February

At least 14 killed in Philippine bus crash
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday