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EU offers 'unspent' aid to Greece in return for reform

2015-03-20 5 Dailymotion

EU officials said on Friday that Greece must unveil a list of reforms before getting any more bailout cash.<br /><br /> The country’s international creditors decided in February to extend its 240-billion-euro bailout by four months if Athens pursued further reforms.<br /><br /> The Greek government had been asking for a final seven-billion-euro tranche of the money to be paid out now to stay afloat.<br /><br /> Its debt woes had forced its way on to the top of the two-day EU summit agenda after Greek Prime Minister Alexis Tsipras demanded a meeting with German Chancellor Angela Merkel and other officials.<br /><br /> Donald Tusk, the president of the European Council, called talks on Greece a “reality check” for all sides.<br /><br /> “This was not a meeting to take decisions but to have a reality check and avoid misunderstandings at the highest political level,” he said.<br /><br /> Brussels also offered Greece two billion euros in unused development funds to help boost jobs and growth.<br /><br /> “This will not be used to fill Greece’s coffers, but to

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