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Europe Daily Bulletin No. 10559

23 February 2012
ECONOMY - FINANCE - BUSINESS / (ae) greece
2nd bailout - chaos avoided but caution on austerity overdose

Brussels, 22/02/2012 (Agence Europe) - The second Greek rescue plan is crucial but it will not solve the deep-rooted problems in Greece if economic growth is not obtained due to excessive austerity policy. This opinion was expressed by several political groups at the European Parliament, responding to the agreement obtained on Tuesday morning by eurozone finance ministers (see EUROPE 10558). The Greeks will have to apply strict budgetary measures and overhaul their economy in exchange for...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICY
EXTERNAL ACTION
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
SUPPLEMENT