Greece’s government is scheduled to hold an emergency meeting Sunday afternoon after being warned by its euro-zone partners that it must take fresh austerity measures in exchange for fresh aid.
The meeting of cabinet ministers is scheduled for 3:30 p.m. local time (1230 GMT), according to a statement from the prime minister’s office.
“The meeting is being held to inform the cabinet on the results of the euro-group meeting and the climate it was held in,” a Greek government official said.
“Things are very difficult. The introduction of further austerity measures is an option,” he said.
(source: Dow Jones)
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