Upload

Loading icon Loading...

This video is unavailable.

Greece budget shortfall almost double what was thought-reports

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like euronews (in English)'s video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike euronews (in English)'s video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add euronews (in English)'s video to your playlist.

Published on Sep 26, 2012

http://www.euronews.com/ There could be more financial trouble ahead for the Greek Prime Minister Antonis Samaras and his conservative-led coalition according to a report in the German magazine Der Spiegel.

The magazine says Athen's budget shortfall is almost double previous estimates.

Figures show the gap is around the 20 billion euros mark with Der Spiegel citing preliminary findings by the so called Troika - the European Commission, European Central Bank and International Monetary Fund.

The country can only receive the next tranche of financial aid once its budget gap is closed. Eurozone officials admit the 173 billion euro bailout plan agreed with Athens in March is badly off track.

The news comes as the results of a poll shows a majority of Greeks believe new austerity measures introduced by the government to meet conditions of the bailout are unfair and hurt the poorest sections of society.

Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.

Loading icon Loading...

Advertisement
Loading...
Working...
to add this to Watch Later

Add to