Signal Ahead of Key Election EU May Soften Greek Austerity Package

The EU is signalling that it may be willing to renegotiate the austerity measures it imposed in return for aid to Greece, a German daily reported on Wednesday. The move is aimed at keeping Greece in the euro by boosting support for pro-austerity parties in the June 17 election.
Greek demonstrators protesting tough cutbacks in Athens.

Greek demonstrators protesting tough cutbacks in Athens.

Foto: Petros Giannakouris/ AP
cro -- with wire reports