Eurozone ministers halt Greece debt relief
‘Eurozone finance ministers have decided to halt a debt relief initiative for Greece in the wake of a decision by the government in Athens to spend extra money on pensions and other programs.
A spokesman for Eurogroup chief Jeroen Dijsselbloem said on Wednesday that the decision by the administration of Greek Prime Minister Alexis Tsipras had made it difficult for the Eurozone to believe that Athens was really sticking to its previous commitments.
“The institutions have concluded that the actions of the Greek government appear to not be in line with our agreements,” said the spokesman, adding that there was “no unanimity now for implementing short-term debt measures.”‘
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