Greece faces deadline on swaps

Greece Faces Deadline Swaps - Politics, Business, Civil, History - Posted: 16th Feb, 2010 - 3:54pm

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Business - European Economy
Post Date: 16th Feb, 2010 - 3:54pm / Post ID: #

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Greece faces deadline on swaps

Greece faces deadline on swaps (AP)
European Business News

Dutch Finance Minister Wouter Bos, second right, shares a word with from left Luxembourg's Finance Minister Jean Claude Juncker, European Central Bank President Jean Claude Trichet and EU Commissioner for Monetary Affairs Olli Rehn during a meeting of EU finance ministers in Brussels, Tuesday, Feb. 16, 2010. European finance ministers bluntly told Greece to prepare tougher spending cuts and new taxes in an attempt to snuff out a government debt crisis that has shaken the entire eurozone. (AP Photo/Virginia Mayo)AP - Greece has only days to explain its use of complex financial deals that it used to mask debt and just a month to prove that its drastic budget cuts go far enough to reassure markets — and other EU governments reluctant to bail Athens out if it can't pay its bills.



Source: Yahoo! News: Business - European Economy

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