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Eurozone Finance Ministers Delay Greek Bailout Meeting


Luxembourg's Prime Minister Jean-Claude Juncker

Luxembourg's Prime Minister Jean-Claude Juncker

Luxembourg's Prime Minister Jean-Claude Juncker says that the February 15 expected meeting of eurozone finance ministers to discuss a bailout for Greece will not take place because Athens has yet to meet the conditions.

Juncker, who heads the so-called Eurogroup panel, said in a statement released on February 14 that the group has not received "the required political assurances" from Greek leaders on the implementation of an austerity program announced in order for Greece to obtain a second, 130 billion euro ($172 billion) bailout.

Juncker said ministers would instead hold a conference call "to discuss the outstanding issues" and prepare their next regular meeting, scheduled for February 20.

Compiled from agency reports

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