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Greece Bailout Set for Approval| International News by Staff Reporter
Greece will stay in the eurozone, according to Ms Maria Fekter
According to Austrian Finance Minster Maria Fekter the next programme in the Greece bailout looks set to go ahead on Monday.
She said in response to a question regarding whether she thought a deal would be made today (Monday) – and whether she thought Greece would stay in the eurozone – “At the moment it appears it will go exactly this way.
“I don’t think there is a majority to go a different way because a different way is enormously arduous and costs lots and lots of money,” she added.
On Saturday Greece’s cabinet finalised the last set of tough austerity measures demanded by the International Monetary Fund (IMF) in return for another rescue package worth 130-billion euros.
Ms Fekter said: “To get this second [rescue] programme in place some conditions need to be met and this 130-billion euros has to be financed. This is what is being grappled with now.”