Tuesday, July 12, 2011

Greece breathes easier with boosted EU rescue fund

Greece showed relief on Tuesday at a decision by EU ministers to bolster a multi-billion-dollar stability fund to help strained eurozone countries as the eurozone debt crisis spread.

"The Eurogroup has given the order to immediately examine all possible solutions of cooperation with the private sector," Finance Minister Evangelos Venizelos said after lengthy talks in Brussels that began on Monday.


AFP