Skip to main content
Advertising

Originally published Tuesday, July 17, 2012 at 8:55 AM

  • Share:
           
  • Comments (0)
  • Print

Greece eyes new round of government cuts

The heads of three parties supporting Greece's month-old coalition government are meeting to try and finalize a new round of austerity measures worth (EURO)11.5 billion ($14.1 billion) demanded by international rescue creditors.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

ATHENS, Greece —

The heads of three parties supporting Greece's month-old coalition government are meeting to try and finalize a new round of austerity measures worth (EURO)11.5 billion ($14.1 billion) demanded by international rescue creditors.

Conservative Prime Minister Antonis Samaras met with leaders of the Socialist party and small Democratic Left party Wednesday to discuss the 2013-14 measures after five days of Cabinet-level talks failed to produce sufficient cuts.

Samaras won the June 17 election, promising to renegotiate bailout terms and ease austerity, but could be forced to slash public benefits further to help cover the (EURO)11.5 billion budget shortfall.

Debt inspectors from the European Union, European Central Bank and International Monetary Fund - known as the troika - are due to return to Athens next week.

News where, when and how you want it

Email Icon

The Seattle Times Historical Archives

Browse our newspaper page archives from 1900-1984

Archived newspaper

Career Center Blog

Career Center Blog

How to talk yourself into a job


Advertising