Wednesday, December 28, 2011

Greek government gets more time to rescue economy

Early elections in Greece have been delayed to give the interim government more time to rescue the country's crisis-hit economy, but political uncertainty looks set to complicate delicate talks with creditors.

Finance Minister Evangelos Venizelos late on Tuesday said ballots would be set in late April to enable critical negotiations with the eurozone and banks holding Greek sovereign debt to be concluded.

AFP