February 4
5:02 pm Feb 11, 2012

Greece struggles on for deal on unpopular reforms

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  • Tough times ahead for Greece

    thewall.com thewall.com | 8:08 pm Feb 4, 2012

    • Greek finance minister Evangelos Venizelos, is having tough times at the office
    • He was earlier Greek defense minister
    • He was responsible for buying up all European military equipment
    • Greece is trying to reach a deal with the Troika that permits the €130 billion second bailout to be disbursed
    • Greece has agreed with euro zone partners on recapitalising Greek banks after a planned bond swap
    • It has to yet resolve issues related to labour reform and spending cuts in talks with lenders
    • Evangelos Venizelos talked euro zone nations and said situation as "very difficult"
    • It has been said that there will be no further staff cuts in the health sector, but there will be cuts in expenditure amounting to 1.1 billion euros, out of which 1 billion will concern pharmaceutical spending

Most Popular Tweets (7)

  • The unpopular girl in movies is always really pretty.

    @autocorrects @autocorrects - Autocorrects
    2:15 pm Feb 4, 2012
  • “@DimitrisApi: @iliassiak Greece is collapsing, Persians threaten the West and Rome is in disarray. Welcome to 430 BC.”

    @iliassiak @iliassiak - Ilias Siakantaris
    6:07 pm Feb 4, 2012
  • Following "Very Difficult" Troika Teleconference, Greece Nowhere Near A Deal As Sunday Night Deadline Approaches http://t.co/NfyLopOl

    @zerohedge @zerohedge - zerohedge
    4:40 pm Feb 4, 2012
  • Greece struggles on for deal on unpopular reforms http://t.co/vLhsHhbZ

    @Reuters @Reuters - Reuters Top News
    2:49 pm Feb 4, 2012
  • "We must sometimes choose between speaking the truth and being popular, as the truth is often unpopular."... http://t.co/QwjA8kAw

    @VeganZeitgeist @VeganZeitgeist - Vegan Zeitgeist
    2:45 pm Feb 4, 2012
  • The euro optimists ignore that without a solution to the flow-competitiveness problem, Greece and possibly others will still be forced out.

    @rodrikdani @rodrikdani - Dani Rodrik
    2:37 pm Feb 4, 2012

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