Eurogroup and Greece

Eurogroup Decision Delayed on Aid to Greece

October 4, 2011

A Eurogroup meeting scheduled for October 13 was postponed that would have approved the next EUR 8 billion loan tranche to Greece.  Reaction to Greek budget overrun revelations have been understandably poor.  More austerity from Athens is urged.  A decision on aid is not expected for about six weeks. After leaving the Official Cash Rate […] More