May 15, 2011
The news from New York of sexual assault charges brought against the IMF chief Dominique Strauss-Kahn has unnerved Greece, the country at the centre of Europe's worsening economic crisis, with officials saying it added more uncertainty to decision-making at a critical time.
Strauss-Kahn had been due to attend a crucial meeting of eurozone finance ministers in Brussels on Monday, where Greece's spiralling debt is expected to be the focus of discussions.
A Sunday meeting with the German chancellor Angela Merkel was similarly slated to focus on re-rescuing Greece a year after the €110bn (£96bn) IMF and EU bailout.
"This adds uncertainty to the prospect of early resolution. The more uncertainty exists in terms of major institutions, the higher the cost for a country like Greece," said Louka Katseli, Greece's minister of labour and social security. "What is needed are firm decisions [to ensure] financing for the next years."
More
No comments:
Post a Comment