February 10th, 2012
05:42 AM ET

Europe lays out tough terms for new Greece bailout

Greece faces more uncertainty Friday after euro zone finance ministers laid out tough conditions that must be met before they will sign off on a new 130 billion euro ($172.6 billion) bailout deal for the debt-ridden country.

The main Greek party leaders agreed to a last-minute deal Thursday after lengthy negotiations, which was presented to the other 16 eurozone leaders by Finance Minister Evangelos Venizelos.

But Jean-Claude Juncker, the prime minister of Luxembourg and head of the Eurogroup, which brings together euro-area finance ministers, said more assurances were needed from Athens before the bailout could be paid out.

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Filed under: Economy • Greece • World
soundoff (10 Responses)
  1. gung hoe

    Maybe while theyre at it they could bailout the good old us of a for tge ww11 debts.

    February 10, 2012 at 9:13 am | Report abuse |
    • BOMBO © agreeing with the American from a comfy chair in Canada

      But you know that will never happen.

      February 10, 2012 at 11:20 am | Report abuse |
  2. chrissy

    @ gung hoe, i thought you were OPPOSED to bailouts lol?

    February 10, 2012 at 2:30 pm | Report abuse |
  3. gung hoe

    Ok I used the wrong word, howabout payoff their debt to the us

    February 10, 2012 at 3:03 pm | Report abuse |
  4. chrissy

    There ya go! Terrific idea but we both know that aint ever gonna happen eh? How you been btw?

    February 10, 2012 at 4:16 pm | Report abuse |
  5. hamsta

    Thats where socialism gets you-in massive debt.

    February 10, 2012 at 4:36 pm | Report abuse |
    • TORI ©

      @hamsta, there's that S word again. Please define.

      February 10, 2012 at 10:20 pm | Report abuse |
  6. gung hoe

    Except for the lack of work stayin alive stayin alive.Thats better then the alternative,and yous

    February 10, 2012 at 4:45 pm | Report abuse |
  7. chrissy

    Sorry gung went off line before i saw your post. Been hangin in and holy chamolie are we ever gettin the snow now! Might have to get the snow blower out. First time this year!

    February 11, 2012 at 12:36 am | Report abuse |
  8. Greek American

    @hamsta
    Yet again, I beg to differ with you. This is what decades of crooked politicians gets you. Do some research on the subject and country please.

    February 11, 2012 at 11:58 am | Report abuse |