Greece: Crossing the desert
13 November 2012
Greek Finance Minister Yannis Stournaras:
His German counterpart, Wolfgang Schäuble:
You're heading in the right direction. Another 10km.
On 12 November, the finance ministers of the eurozone area gave Greece two more years to balance the budget. The payment of a new and highly anticipated tranche of € 31.5 billion has meanwhile been postponed.