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Greece Angers Euro Creditors with Lack of Information

Greece frustrated its main creditors on Tuesday by refusing to update eurozone peers on its reform progress at a scheduled teleconference, insisting instead that the discussions should be escalated to Thursday’s European Union summit.

Describing the annoyance that has been building up among euro zone countries with the new Greek government’s approach, one euro zone official said: “For many people the teleconference this afternoon could be something of a last straw.”

Euro zone deputy finance ministers held a teleconference at 1530 GMT to get an “update on the state of play” on Greece, which is running out of cash and time to negotiate and implement reforms that would unblock loans to prevent it from defaulting.

CNBC [1]

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