Without the release of a $14bn tranche of an EU bailout, massively indebted Greece could run out of money to pay state wage bills within weeks.
Al Jazeera speaks to Vanessa Rossi, the economic adviser to Oxford Analytica, ahead of the meeting.
Tuesday, October 4, 2011
Greece to unveil retrenchment plan
Greece is expected
to unveil its plan to begin laying off state workers, the most
contentious part of a reform package demanded by the EU and IMF to free
up loans and stave off bankruptcy.
Without the release of a $14bn tranche of an EU bailout, massively indebted Greece could run out of money to pay state wage bills within weeks.
Without the release of a $14bn tranche of an EU bailout, massively indebted Greece could run out of money to pay state wage bills within weeks.
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