Belfast Telegraph

Greece facing 'difficult and critical' loan talks

Greece's talks with international debt inspectors on a second rescue loan package are "difficult and critical," finance minister Evangelos Venizelos said.

He spoke after initial negotiations began on the package to keep the debt-crippled country solvent while easing its crushing debt burden. Greece was granted a first bailout package by its European partners and the IMF last year after years of government overspending.