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Greece's European Creditors Suspend Debt Relief Measures by webdesk@voanews.com (Associated Press)
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| Greece's European Creditors Suspend Debt Relief Measures by webdesk@voanews.com (Associated Press) |
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| Article Posted: 12/14/2016 |
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Greece's European Creditors Suspend Debt Relief Measures |
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European creditors on Wednesday pulled a recently announced debt relief package for Greece in protest against subsequent spending measures announced by Athens.
Greek stocks fell sharply and the government's borrowing rates jumped as investors fretted over a potential flare-up in the country's bailout problems and the possibility of early elections in the country.
The main stock market in Athens closed down 3.2 percent, while the yield on the country's 10-year bond rose 0.28...
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