EU Ministers Urge More Greek Cuts
Tuesday, 24 January 2012 07:47
'EU finance ministers have urged Greece to prepare new budget cuts to reach a deal with international creditors more quickly to prevent a chaotic default.
Luxembourg's Prime Minister Jean-Claude Juncker, who also chairs the meetings of eurozone finance ministers, called on the officials of Greece as well as the European Union (EU) and the International Monetary Fund (IMF) on Tuesday to reach a conclusion within days. All parties need “to agree the key parameters of an ambitious adjustment program as soon as possible,” Juncker said.'
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