EU offers 'unspent' aid to Greece in return for reform
EU officials said on Friday that Greece must unveil a list of reforms before getting any more bailout cash.
The country’s international creditors decided in February to extend its 240-billion-euro bailout by four months if Athens pursued further reforms.
The Greek government had been asking for a final seven-billion-euro tranche of the money to be paid out now to stay afloat.
Its debt woes had forced its way on to the top of the two-day EU summit agenda after Greek Prime Minister Alexis Tsipras demanded a meeting with German Chancellor Angela Merkel and other officials.
Donald Tusk, the president of the European Council, called talks on Greece a “reality check” for all sides.
“This was not a meeting to take decisions but to have a reality check and avoid misunderstandings at the highest political level,” he said.
Brussels also offered Greece two billion euros in unused development funds to help boost jobs and growth.
“This will not be used to fill Greece’s coffers, but to
The country’s international creditors decided in February to extend its 240-billion-euro bailout by four months if Athens pursued further reforms.
The Greek government had been asking for a final seven-billion-euro tranche of the money to be paid out now to stay afloat.
Its debt woes had forced its way on to the top of the two-day EU summit agenda after Greek Prime Minister Alexis Tsipras demanded a meeting with German Chancellor Angela Merkel and other officials.
Donald Tusk, the president of the European Council, called talks on Greece a “reality check” for all sides.
“This was not a meeting to take decisions but to have a reality check and avoid misunderstandings at the highest political level,” he said.
Brussels also offered Greece two billion euros in unused development funds to help boost jobs and growth.
“This will not be used to fill Greece’s coffers, but to
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