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Eurozone plays carrot and stick with Greece

04.10.11 @ 18:03

  1. By Méabh Mc Mahon

Belgian finance minister Didier Reynders

Luxembourg - At a meeting of eurozone finance ministers in Luxembourg, eurogroup chief Jean Claude Juncker said no eurozone member was advocating a Greek default. But finance ministers decided to postpone the transfer of the next portion of aid money to Athens, saying that Greece still had not met the expectations of the troika.