Published On: Sat, Jul 11th, 2015

Greek Bailout Dissected as German Skepticism Clouds Talks

EL LÍDER DEL PARTIDO IZQUIERDISTA GRIEGO,   ALEXIS TSIPRAS

European officials are grilling Greece on its bailout proposals in talks to save its place in the euro as a German-led bloc questions whether they go far enough.

Hours after Greek Prime Minister Alexis Tsipras won overwhelming support in Parliament for the package of spending cuts, pension savings and tax increases, some finance ministers arriving in Brussels voiced skepticism over the details. Their meeting begins two days of wrangling that will conclude with a summit on Sunday, the deadline to reach a new deal.

“The Eurogroup still needs to discuss proposals and several questions are still unresolved, ” Estonian Finance Minister Sven Sester told reporters as he arrived for the gathering. “A strong long-term plan is needed to get the economy back on its feet.”…  READ MORE

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