Greece passes key test, but a long road ahead
International inspectors yesterday applauded Greece â€™s efforts to exit its debt crisis, endorsing a fresh â‚¬9bn payment from an EU/IMF bailout scheme, but urged reforms in energy, banking and the public sector.
Read more on Gulf Times
The Greek government announced its new austerity plan Wednesday, intending to close its budget gap by 4.8 billion euros (.5 billion). But pensioners and civil servants have already demonstrated their unhappiness. (March 03)