Greece plea 
for more time to make cuts

By The Newsroom
Published 23rd Aug 2012, 07:00 BST
Greece needs more time to implement tough financial reforms and spending cuts, prime minister Antonis Samaras said as he began a series of top-level European meetings to discuss the debt-ridden country’s bailout.

Jean-Claude Juncker, head of the Eurogroup, the body representing the finance ministers of the 17 eurozone countries, arrived in Athens to meet Mr Samaras yesterday before the Greek premier heads to Berlin to meet chancellor Angela Merkel and on to Paris to see president Francois Hollande.

Greece is dependent on two international rescue loan packages from other eurozone countries and the International Monetary Fund, which are preventing it from bankruptcy and potentially having to leave the euro.

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