News Summary: Greece may need more aid after 2014

News Summary: Eurozone chief says Greece will need more financial aid from 2014 onward

Associated Press
News Summary: Greece may need more aid after 2014

View photo

Greek state hospital staff chant slogans as they hold a banner with a photograph of the Aghia Varvara Hospital where they work, in central Athens, on Wednesday, Sept. 4, 2013. Hundreds of state health workers took part in the rally to protest planned mandatory public sector employee transfers and suspensions as part of the government's harsh austerity drive. (AP Photo/Petros Giannakouris)

NOT WALKING YET: The chairman of a meeting of eurozone finance ministers said that Greece will "very likely" need more financial aid beyond its current rescue loan programs, which end next year.

LIFE SUPPORT: Greece has been kept out of bankruptcy since 2010 with rescue loans worth 240 billion euros ($316 billion), given by its eurozone partners and the International Monetary Fund. The need for further aid doesn't sit well with creditor countries like Germany.

REALITY BITE: Jeroen Dijsselbloem, the Dutch Finance Minister serving as the meeting's chairman, says a decision won't be made before April of next year.

Sorry you didn't like this comment. Please provide a reason below.

Are you sure?
Rating failed. Try again.
Request failed. Try again.
We will promote constructive and witty comments to the top, so everyone sees them!
Sorry, we can’t load comments right now. Try again.

    Recommended for You