Athens’ decision to pay out bonuses to pensioners prompted Eurozone members to freeze short-term debt relief to Greece. Poverty-stricken pensioners jumped at the hand-out, waiting in long lines to cash their checks.
The finance ministers, known collectively as the Eurogroup, issued a statement on Saturday saying that Greece’s creditors had agreed to continue talks. This happened after the lenders received a written reassurance from the country’s finance minister confirming Athens’ commitment to its economic reform program.
The Eurogroup is the recognised collective term for informal meetings of the 19 EU finance ministers of countries which have adopted the euro as their official currency.
Dijsselbloem expressed relief that the d…
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