EU tries to finalise €130bn Greek bail-out / Social unrest harms hopes of Greek reform

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Series Details 14.2.12
Publication Date 14/02/2012
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European Union officials rushed to finalise details of a €130bn Greek bail-out on the 13 February 2012 amid signs Germany and its eurozone allies might not be prepared to approve the deal at a eurozone finance minsters’ meeting on the 15 February 2012, despite the Greek parliament backing new austerity measures on the 12 february 2012..

Related Links
ESO: Background information: The Greek debt crisis of 2010 http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/
ESO: Background information: Athens passes demanded austerity bill http://www.europeansources.info/record/athens-passes-demanded-austerity-bill/
EUObserver, 13.2.12: Greek vote 'crucial step' for second bail-out, says EU commissioner http://euobserver.com/19/115242
Kathimerini, 13.2.12: Greece bailout faces European finance chiefs http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_32169_13/02/2012_427414
BBC News, 13.2.12; Greek bailout crisis: Brussels welcomes austerity vote http://www.bbc.co.uk/news/world-europe-17012604
Deutsche Welle, 13.2.12: Europe cautiously positive after Greek austerity vote http://www.dw.de/dw/article/0,,15739979,00.html
European Commission: Speech/12/92: Olli Rehn: Statement on the vote in the Greek Parliament http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/12/92&format=HTML&aged=0&language=EN&guiLanguage=en

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