Greece faces deadline on debt-masking deals

Crisis-hit Greece has two days to explain its use of complex financial deals to mask debt and just a month to prove that its drastic budget cuts go far enough to reassure markets and EU governments.

Greece’s troubles have plunged the 16 nations that use the euro into a crisis by breaking rules on debt and deficit that underpin Europe’s currency union amid worries that its problems could be even bigger because its public finance figures cannot be trusted.