New setback for Greece bailout as meeting canceled

 

Published: February 14, 2012

BRUSSELS (AP) — Two steps forward, one step back. So goes the frenzied effort across Europe to bail out Greece and save it from a potentially devastating default on its debts.

A meeting of the finance chiefs of the 17 euro countries to discuss Greece's second multibillion bailout planned for Wednesday was called off Tuesday evening after Athens failed to deliver in time on several demands made by its partners in...


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