Tuesday, November 13, 2012

European Union and IMF Feud Erupts Over Greek Debt, €31.3bn Aid Payment is Delayed Yet Again

Latest update from Eurozone financial crisis, Call for transparent debt arrangements, Securities watchdog urges EU banks to be open about the extent to which they have gone easy on borrowers who have missed repayments

European Union and IMF feud erupts over Greek debt, A €31.3bn aid payment is delayed yet again as Christine Lagarde and Jean-Claude Juncker spar openly at late-night press conference

Meanwhile, Extension to add €15bn to Greek bailout, The extra financing will have to have to come through debt relief or by allowing Athens to raise more cash through short-term scheme

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