Saturday, 12 May 2012 07:41 'On Friday, addressing the parliament, German Foreign Minister Guido Westerwelle warned the south European country of cutting its anticipated bailouts if Athens fails to bring about the financial reforms required by the European Union (EU) and the International Monetary Fund (IMF). Read more: German Foreign Minister Threatens to Cut Off Greece Bailout
"We want to help and we will help Greece, but Greece has to be ready to accept help. If Greece strays from the agreed reform path, then the payment of further aid tranches won't be possible. Solidarity is not a one way street," said Westerwelle.
The warning comes after the cash-stripped south European nation casted its vote mainly in favor of the anti-austerity parties in the country’s parliamentary election in May to demonstrate its anger over the country’s long practicing of the EU proposed tough austerity measures.'
Saturday, 12 May 2012
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