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
