BUSINESS

Eurozone halts Greece debt relief over Tsipras steps, says spokesman

TAGS: Economy

Eurozone finance ministers on Wednesday suspended debt relief measures for bailed out Greece in response to extra spending on pensions announced by Greek Prime Minister Alexis Tsipras.

“The institutions have concluded that the actions of the Greek government appear to not be in line with our agreements,” said a spokesman for Eurogroup chief Jeroen Dijsselbloem, the head of the Eurogroup that oversees Greece’s massive 86-billion euro bailout.

There is “no unanimity now for implementing short-term debt measures,” he added.

[AFP]

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