IPFS News Link • Economy - International
Greek Party Leaders Fail to Sign Off on Bailout
• www.cnbc.comGreek political leaders failed early on
Thursday to sign off on a tough reform and austerity program, the price
of a new international bailout for the nation, but Prime Minister Lucas
Papademos said they would try to strike a deal within hours.
Speaking
after seven hours of negotiations, Papademos said chiefs of the three
parties in his coalition had agreed on all the points to secure the 130
billion-euro bailout, bar one.
But Papademos, a technocrat who leads a cabinet of party politicians,
said after the talks broke up in the early hours of Thursday that he
wanted agreement to be reached before euro zone finance ministers meet
in Brussels at 1700 GMT on Thursday.
