Austria May Withhold its Greek Aid Contribution

Greek Finance Minister George Papaconstantinou refused to comment Tuesday on reports that Austria might withhold its contribution to the country’s E110 billion aid deal. “I will not comment on the specific comments,” Papaconstantinou told reporters as he arrived for the meeting of Eurozone finance ministers. Earlier Tuesday the Austrian government released a statement saying it might withhold its next transfer of loans to Greece because the country is not sticking to a plan agreed with its Eurozone partners and the IMF. – iMarketNews