Sunday, February 22, 2015

Greece lost to the requirements of the European Union’s bailout – Details

Greece lost to the requirements of the European Union's bailout – Details

Greece backed down and agreed with the European Union financial assistance program for the country, in fact, on the same conditions that existed in the past.


 
 

This was at a press conference announced the chairman of the Eurogroup Jeroen Deysselblum, reports Deutsche Welle.


 
 

This is possible because the Greek authorities have committed themselves to carry out structural reforms separately.


 
 

Thus, Greece recognized the legitimate requirements of the German Finance Minister Wolfgang Schaeuble, which caused considerable controversy in Brussels. Fulfillment of the conditions will be monitored, as before, the representatives of the European Commission, the European Central Bank and the International Monetary Fund.


 
 

Thus, the program of aid to Greece will be extended for another four months, until the end of June. It is noted that Greece’s financial problems will not go a way.


 
 

Before Greece rejected the proposal of eurozone finance ministers on the terms of the extension of financial assistance programs.

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