×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: EU | Greece | Bailout

Greece Struggling to Convince Creditors to Release Cash

Greece Struggling to Convince Creditors to Release Cash

Monday, 09 November 2015 09:45 AM EST

BRUSSELS (AP) — Greece is at loggerheads — again — with European creditors over its bailout promises.

Following a period of relative calm on the Greek debt crisis front, the country is facing pressure to deliver on reforms to get money due from its new bailout program, agreed on this summer. Greece also has to clear a number of hurdles to keep getting its bailout loans, as well as to start discussions on restructuring its existing debts.

The 19 eurozone finance ministers, including Greece's Euclid Tsakalotos, meet in Brussels Monday to discuss the issue.

Tsakalotos will try to convince his peers to release a 2 billion euro ($2.2 billion) bailout installment. Greece and its creditors remain at odds over how to deal with people deep in arrears on their mortgages.

© Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
Greece is at loggerheads - again - with European creditors over its bailout promises.Following a period of relative calm on the Greek debt crisis front, the country is facing pressure to deliver on reforms to get money due from its new bailout program, agreed on this...
EU,Greece,Bailout
127
2015-45-09
Monday, 09 November 2015 09:45 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved