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Greece Should Cut Four Billion Euros More to Receive Bailout

Wednesday, August 8, 2012 11:48
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(Before It's News)

Greek Finance Minister Yannis Stournaras says his debt-ridden country still needs to slash four billion euros off the country’s public spending to continue receiving emergency rescue loans.
“We are not there yet, we still have 3.5 billion euros to four billion euros to cover,” the Associated Press quoted Stournaras as saying on Tuesday. Greece has promised to cut 11.5 billion euros off its 2013-14 budget in order to get bailout from other eurozone countries and the International Monetary Fund (IMF) …. http://www.presstv.ir/






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