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There's a few interesting rumours skitting around tonight following the eurogroup conference call. Dow Jones is reporting tonight that some eurozone officials want a "Troika presense" agreed in Athens before the bailout can proceed, along with a commitment that Greece's rescue funds will be paid into an escrow account.There's also a report that the German, Finnish and Netherland's finance ministers suggested that the eurogroup should also seek pledges from Greece's smaller political parties - having secured Antonis Samaras and George Papandreou's support. That has not gone down well in Greece - journalist Efthimia Efthimiou argued that it showed that the eurozone was no longer prepared to help Greece.
There's a few interesting rumours skitting around tonight following the eurogroup conference call.
Dow Jones is reporting tonight that some eurozone officials want a "Troika presense" agreed in Athens before the bailout can proceed, along with a commitment that Greece's rescue funds will be paid into an escrow account.
There's also a report that the German, Finnish and Netherland's finance ministers suggested that the eurogroup should also seek pledges from Greece's smaller political parties - having secured Antonis Samaras and George Papandreou's support.
That has not gone down well in Greece - journalist Efthimia Efthimiou argued that it showed that the eurozone was no longer prepared to help Greece.
Jose Manuel Barroso struck a concilliatory tone in the European Parliament today. Rather than lambast Athens, he urged European leaders to accept Greece's undertakings, and give it the second bailout.Barroso told MEPs that:I would like to salute the courage of the Greek government and the Greek people in these very demanding, challenging times.And I would hope that the member states, the members of the European Union will accept the commitments given by Greece.There was no suggestion from Barroso that Europe would be better off without Greece, or by postponing the bailout.
Jose Manuel Barroso struck a concilliatory tone in the European Parliament today. Rather than lambast Athens, he urged European leaders to accept Greece's undertakings, and give it the second bailout.
Barroso told MEPs that:
I would like to salute the courage of the Greek government and the Greek people in these very demanding, challenging times.And I would hope that the member states, the members of the European Union will accept the commitments given by Greece.
I would like to salute the courage of the Greek government and the Greek people in these very demanding, challenging times.
And I would hope that the member states, the members of the European Union will accept the commitments given by Greece.
There was no suggestion from Barroso that Europe would be better off without Greece, or by postponing the bailout.
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