Greece: Crossing the desert

13 November 2012
I Kathimerini Athens

Crossing the desert – Ilias Makris

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.