Euro zone finance ministers dismiss Greek exit "propaganda"

BRUSSELS/ATHENS (Reuters) - Euro zone finance ministers dismissed talk of Greece leaving the euro zone as "propaganda and nonsense" on Monday, but said the country had to respect the terms of the bailout program agreed with the EU and the International Monetary Fund.

Euro zone finance ministers dismissed talk of Greece leaving the euro zone as "propaganda and nonsense" on Monday, but said the country had to respect the terms of the bailout program agreed ...

Euro zone finance ministers dismissed talk of Greece leaving the euro zone as "propaganda and nonsense" on Monday, but said the country had to respect the terms of the bailout program agreed ...

(BRUSSELS) — Greece‘s international creditors failed to agree Monday on how to get the country’s bailout program back on track and put off again the release of the next batch loans that Athens is using to pay its day-to-day bills. However, European finance ministers meeting in Brussels did decide to give Greece two more years until 2016 to reform its economy — one of the conditions of its bailout package. But they could not agree on how to pay for the extension or when the country’s debts would reach a manageable level.

OVER the weekend, a colleague wrote at Schumpeter on a conference he'd recently chaired:At an Economist Conferences event for CFOs and finance directors in London this week, I asked the audience whether Greece would end up leaving the euro zone. Every single hand went up. Asked whether more countries than Greece would leave, roughly two-thirds of the audience agreed they would...

BRUSSELS (Reuters) - Euro zone finance ministers will hold a conference call on Wednesday to discuss progress in negotiations of the revised Greek bailout but are not expected to make any decisions yet, two euro zone officials said on Tuesday. Representatives of the European Commission, the European Central Bank and the International Monetary Fund are in talks with the Greek government on reforms that Athens, cut off from market borrowing in 2010, has to implement to get emergency credit from the euro zone and IMF flowing again. ...

BRUSSELS (Reuters) - Greek debt will be above the target of 120 percent of GDP in 2020, a preliminary report by the IMF showed on Thursday, and Athens will need more reforms before emergency credit from international lenders can start flowing again. Excerpts from the International Monetary Fund (IMF) report were presented to the Eurogroup Working Group (EWG) - junior finance ministers and treasury officials who prepare meetings of euro zone finance ministers. "It is clear that Greece is off track and there is no chance they will cut the debt to 120 percent of GDP in 2020 as envisaged. ...