Part of an agreed EU bailout loan to Greece that was due to be paid on May 10 has been withheld, as uncertainty regarding a new government grips the country.
Austrian Finance Minister Maria Fekter makes misleading statements when she refers to bail out loans to Greece as aid. The funds are not aid dispensed to assist the Greek people, but calculated payments to protect the eurozone and its bankers.
Eurozone finance ministers meet in Brussels on Monday to discuss the bail out loan to Greece. Reports indicate that Germany may have bowed to global pressure, as Wolfgang Schäuble said the second aid package may be approved.
