Greece bailout bid 'makes progress'
Greece has made progress convincing the rest of the eurozone that it should get a €130 billion bailout – but the country’s austerity measures will need tighter surveillance, the chairman of the eurozone’s finance ministers said.
Following a three-and-a-half hour conference call between the finance chiefs of the 17 countries that use the euro, the ministers hailed the strong assurances that the country had found a further €325 million in cuts on top of austerity measures already agreed.
