Time for Greece, bailout for Spain?

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Time for Greece, bailout for Spain?

E
euronews (in English)

8 Views • Sep 14, 2012

Description

Greece may be given more time to get its finances in order and Spain seems to inching closer to making a formal request for a bailout - those were the headlines from the eurozone finance ministers' meeting in Cyprus.

Athens is way behind on its debt-cutting programme but the ECOFIN consensus was it makes no sense to tip Greece into default now and plunge the euro area back into chaos.

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http://www.euronews.net/