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No immediate action on Greek bailout

02-10-2012 07:30 BJT

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Eurozone finance ministers have refused to give their immediate backing to a second bailout for Greece despite a last-minute deal in Athens on austerity measures demanded by creditors.

After rival Greek parties agreed a fresh round of deep cuts, Luxembourg Prime Minister Jean-Claude Juncker said the Eurogroup finance ministers may only decide on the rescue next week.

EU Monetary Affairs Commissioner Olli Rehn (L) talks with Greece's Finance Minister Evangelos
Venizelos (C) and Ireland's Finance Minister Michael Noonan during a Eurogroup meeting at the
European Union council headquarters in Brussels February 9, 2012.

Greek Finance Minister Evangelos Venizelos urged his counterparts to endorse the debt rescue after political leaders in Athens agreed on a new round of austerity.

But German Finance Minister Wolfgang Schaeuble warned that the purpose of talks would be "to make clear to Greece and the partners what are the conditions for a second agreement."

The President of the International Monetary Fund (IMF) Christine Lagarde (R) speaks with
Greece's Finance Minister Evangelos Venizelos (L) before a Eurogroup Council meeting at the EU
headquarters in Brussels.

Luxembourg's Prime Minister and chairman of the Eurogroup Jean Claude Juncker speaks with
Spanish Finance Minister Luis de Guindos (R) before an Eurogroup Council meeting at the EU
headquarters in Brussels.




Editor:Zhang Rui |Source: CNTV.CN

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