German Foreign Minister Guido Westerwelle ruled out any renegotation of Greece\'s budget austerity programme in an interview published on Saturday. \"I see desires emerging in Greece to renegotiate and substantially question the country\'s obligations to carry out reforms. I have to say simply, that will not do. It is a Rubicon that we are not going to cross,\" Westerwelle told the daily Bild. He called on Athens to clearly demonstrate that it wanted to remain in the eurozone. \"Greece must not just say that it wants to stay in the eurozone, but must also implement a clear policy of reforms and keep its commitments,\" he added. On Wednesday Greece\'s Finance Minister Yannis Stournaras admitted the crisis-hit country still had \"some way to go\" to finalise 11.5 billion euros ($14 billion) in spending cuts demanded by its EU-IMF creditors in return for fresh loans. Auditors from the European Union, International Monetary Fund and the European Central Bank -- the so-called troika of Greek creditors -- are expected in Athens next week for another in-depth inspection of the new government\'s economic programme. The troika\'s report will determine whether Greece will receive fresh loans of 31.5 billion euros by September due under its debt rescue programme.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor