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Europe Daily Bulletin No. 10392

7 June 2011
GENERAL NEWS / (ae) eu/greece
Moving towards new bailout and more belt-tightening

Brussels, 06/06/2011 (Agence Europe) - Greece's international creditors are due to approve a second financial bailout plan for the country in return for new austerity measures. The aid would be financed in part by the private sector, which has been asked to maintain its exposure to Greek debt. Negotiations will continue until the Tuesday 14 June Eurogroup meeting, which will be expected to finalise details of private sector involvement to prevent restructuring of the country's national debt,...

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