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Further spending cuts and written pledges are still needed, says Juncker (Photo: Luxembourg EU Presidency)

Eurozone ministers postpone Greek deal

Eurozone countries have again postponed the new Greek bail-out despite the country's looming bankruptcy, with a meeting of finance ministers on Wednesday (15 February) downgraded to a conference call, pending more spending cuts by Athens and written pledges from Greek politicians.\n \nDespite the Greek parliament having approved a €3.2 billion austerity plan on Sunday, "further technical work...is needed in a number of areas, including the closure of the fiscal gap of €325 million euro in 201...

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Further spending cuts and written pledges are still needed, says Juncker (Photo: Luxembourg EU Presidency)

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