[Spiegel Online]
A Greece official said on Tuesday that his country doesn't have much time left to secure a bailout deal with the European Union. Zoom
The holiday break was welcome, but on Tuesday, a Greek government spokesman said that the next three months were crucial if his country was to remain part of the euro zone. The bailout agreement with the EU, he said, must be finalized. Or else. The New Year's address delivered by Greek Prime Minister Lucas Papademos was not exactly full of hope. A "very difficult year" was coming to an end, he intoned, and another "very difficult year" was beginning. He also said that the first three months of the new year were "especially critical."
On Tuesday, government spokesman Pantelis Kapsis told Greek television station Skai TV exactly what that means. Greece and the euro zone have to quickly reach agreement on the second, €130 billion bailout package agreed to in principle last autumn. Otherwise, the country faces insolvency.
Lire : spiegel.de
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