Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

Greek debt talks slowed on labour deal

Feb 05 2012 13:11 Sapa-AP

Related Articles

EU bids to bury deficits, end Greek debt saga

Greek PM seeks unity on austerity

Greek hopes bolster rand

Stocks rise on Greek debt deal optimism

Shares, euro recover on Greek debt hope

Euro, stocks off on Greek debt fears

 

Athens - A senior Greek official says debt talks needed to avoid bankruptcy in March have reached "a satisfactory level of agreement" but are being held up by a disagreement over labour reforms.

The official, with close knowledge of the negotiations between the government and rescue creditors, said late Saturday that other issues had been resolved following a "superhuman negotiation."

He asked not to be named because the talks are ongoing.

Debt inspectors representing eurozone countries and the International Monetary Fund are pushing for tougher austerity measures and private sector pay cuts before approving a new ?130 billion ($171.08 billion) bailout deal.

labour reforms  |  greece  |  greek deebt crisis
NEXT ON FIN24X

 
 
Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...