Greeks fail to agree on bailout terms

Greek politicians on the 25 November 2012 failed again to finalise an overhauled bailout that would give them two additional years to meet tough deficit targets after a holdout leader of a small coalition party continued to resist sweeping labour reforms.

Despite delays in Athens, eurozone and International Monetary Fund officials met in Brussels to begin negotiations over how to pay for the revised programme. Officials were hoping to complete a deal before a 13 November 2012 meeting of eurozone finance ministers.

Deutsche Welle in a feature on the 26 October 2012 examined why the publication of the latest review of the actions taken by the Greek government by the Troika (IMF/EC/ECB) was being repeatedly delayed.

ESO: Key source: The Greek Debt Crisis http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

ESO: Background information: Greek bailout woes back to haunt leaders http://www.europeansources.info/record/greek-bailout-woes-back-to-haunt-leaders/

BBC News, 24.10.12: Greece to get bailout extension, says finance minister http://www.bbc.co.uk/news/business-20070260

Deutsche Welle, 24.10.12: Greece reportedly given more time to fix ailing state budget http://www.dw.de/greece-reportedly-given-more-time-to-fix-ailing-state-budget/a-16326943

Kathimerini, 25.10.12: Euro Working Group starts talking Greece http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_25/10/2012_467319

Spiegel Online International, 25.10.12: Euro-Zone Plans to Fix Greece Have Failed http://www.spiegel.de/international/europe/mixed-messages-from-greece-and-eu-on-two-year-austerity-delay-a-863353.html

Spiegel Online International, 24.10.12: Report Says Greece Will Get More Time http://www.spiegel.de/international/europe/reports-say-greece-to-get-two-more-years-to-reach-budget-targets-a-863110.html

Deutsche Welle, 26.10.12: Rumors abound over delayed troika report http://www.dw.de/rumors-abound-over-delayed-troika-report/a-16336624

Kathimerini, 27.10.12: Crisis talks on package http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_27/10/2012_467644

EUObserver, 26.10.12: Greece deal delayed by troika discord, government quarrels http://euobserver.com/economic/118008

EUObserver, 29.10.12: Report: Troika suggests further debt write-down for Greece http://euobserver.com/economic/118023

Kathimerini, 28.10.12: Troika refuses to make concessions on labor reforms, says FinMin http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_28/10/2012_467700

Kathimerini, 29.10.12: Final stretch for Greece before Eurogroup http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_29/10/2012_467747

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