Greek bail-out talks stall

Author (Person)
Series Title
Series Details 3.9.11
Publication Date 03/09/2011
Content Type

International lenders from the European Commission / IMF / ECB put Greece on notice on the 1 September 2011 that it was in danger of losing its next €8bn tranche of bail-out loans without taking action to catch up with its austerity programme and plug a new black hole in the 2011 budget.

Officials from the 'troika' abruptly suspended talks and left Greece in a warning to Athens before negotiations were due to resume in mid-September.

Related Links
Kathimerini, 5.9.11: EU leaders encourage Greece http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_4_05/09/2011_404993
Kathimerini, 4.9.11: Between rock and hard place http://www.ekathimerini.com/4dcgi/_w_articles_wsite3_25418_04/09/2011_404795
Spiegel Online International, 5.9.11: Doubts Escalate about Greek Rescue Deal http://www.spiegel.de/international/europe/0,1518,784354,00.html
To Ethnos, 6.9.11: What can Greece do now? (via PressEurop) http://www.presseurop.eu/en/content/article/918531-what-can-greece-do-now
ESO: Background information: Euro officials move to save Greek bail-out http://www.europeansources.info/record/euro-officials-move-to-save-greek-bail-out/
ESO: Background information: Greek debt targets missed, says independent report http://www.europeansources.info/record/greek-debt-targets-missed-says-independent-report/
IMF: Press Release, No.320, 2011 (2.9.11): Statement by the European Commission, the ECB and IMF on the Fifth Review Mission to Greece http://www.imf.org/external/np/sec/pr/2011/pr11320.htm
Kathimerini, 2.9.11: Greece, EU/IMF pause talks; to resume in 10 days http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_02/09/2011_404533
Deutsche Welle, 2.9.11: EU, IMF officials suspend Greek debt inspection http://www.dw-world.de/dw/article/0,,15361983,00.html
EUObserver, 2.9.11: Brussels tight-lipped on fresh austerity demands amid row with Athens http://euobserver.com/19/113510

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