Greece in new race against time to get bailout back on track
Work on reforms to be rushed as cash reserves run dangerously low
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Athens
GREECE was in a new race against time on Friday to get its EU-IMF bailout back on track again, with its international creditors pushing for a clear reform pledge. The two-month-old radical government of Prime Minister Alexis Tsipras has until April to reach agreement with its creditors, but its cash reserves are running dangerously low.
Late on Thursday, European leaders said they had agreed with Greece to finish work "as fast as possible" to unblock loans helping Athens to avoid bankruptcy and a catastrophic exit from the euro.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result