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Greece’s Pasok leader Venizelos: Greece needs more time to implement a realistic fiscal program

Greece’s Pasok leader Venizelos: Greece needs more time to implement a realistic fiscal program

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Pete Jackson
05/07/2012 | 09:47 GMT
  • Adjustment period should be extended 3 years to 2017
  • Bank recapitalisation funds shouldn’t be added to debt
  • Country is prepared for brave steps on reforms
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Hopes for a U.S.-Iran deal are fading ahead of Trump’s deadline to reopen Hormuz, with officials warning the gap remains wide. Failure could trigger strikes on Iranian infrastructure, raising risks for oil markets and global volatility.

Hopes for a U.S.-Iran deal are fading ahead of Trump’s deadline to reopen Hormuz, with officials warning the gap remains wide. Failure could trigger strikes on Iranian infrastructure, raising risks for oil markets and global volatility.
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