Insufficient Austerity European Union Keeps Pressure on Athens

Greek political leaders announced on Thursday that they were bowing to all European Union austerity demands. But euro-zone finance ministers are skeptical, saying several details need to be clarified. Even if Athens ultimately receives a new bailout package, however, its debt problems will not be solved.
Euro Group chief Jean-Claude Juncker together with Greek Finance Minister Evangelos Venizelos in Brussels on Thursday.

Euro Group chief Jean-Claude Juncker together with Greek Finance Minister Evangelos Venizelos in Brussels on Thursday.

Foto: YVES HERMAN/ REUTERS