European ministers confront Greece on daunting bailout

Tourists watch the changing of the guard at the monument of the Unknown Soldier in front of the Greek parliament in Athens on September 25, 2015Eurozone finance ministers on Monday meet for the first time since Greek voters re-elected leftist premier Alexis Tsipras, who now faces the daunting task of implementing the country’s cash-for-reforms bailout deal. Returning as Greek finance minister is the discreet Euclid Tsakalotos who must hurry through a raft of reforms agreed in July in return for a 86-billion-euro ($96-billion) rescue, the country’s third in five years. The three-year rescue package came after six months of acrimonious negotiations led by then-finance minister Yanis Varoufakis, who so angered his 18 eurozone counterparts that Greece was left on the cusp of a humiliating eviction from the single currency.

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