Eurogroup to resume «difficult» Greece talks ahead of crisis summit

  • 2/5/2023
  • 20:31
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Brussels, Ramadan 25, 1436 AH, July 12, 2015, SPA -- Eurozone finance ministers were set to resume talks Sunday on Greece's economic fate, with just hours left to achieve a breakthrough in time for a crisis summit of their national leaders, dpa reported Sunday has been set as the deadline to reach an agreement saving Greece from bankruptcy, amid warnings that failure to strike a deal by then could lead the country to crash out of the eurozone. Greece has requested a new bailout from the European currency bloc and has proposed reforms it would carry out in return for the aid. But the finance ministers on Saturday failed to agree a position on the reforms and a 74-billion-euro (82-billion-dollar) new rescue package being considered for Greece, with many questioning if they can trust the country to implement its promises. Some also complained that the reform proposals - which have received cautious backing from creditor institutions and an endorsement from the Greek parliament - need more substance to be credible. -- SPA 12:22 LOCAL TIME 09:22 GMT www.spa.gov.sa/w

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