Eurozone calls for tighter Greek surveillance
Quick ReadEuro finance ministers see progress by Greece but want tighter surveillance
Photo credit: AP | In this Feb. 9, 2012photo, Finnish Finance Minister Jutta Urpilainen, left, talks with Greek Finance Minister Evangelos Venizelos, at the European Council building in Brussels. There are fundamental doubts among some of the countries that use the euro over whether a second massive bailout for Greece will actually work, a European official said Wednesday, Feb 15, 2012, although most people still expect the euro130 billion rescue to go ahead. (AP Photo/Yves Logghe)
(AP) -- European finance ministers insisted Wednesday on much tighter oversight of Greece's spending and austerity efforts, despite politicians' assurances that Athens will go ahead with promised cuts and reforms to secure a €130 billion ($170 billion) bailout.
Following a 3 1/2 hour conference call between the finance chiefs of the 17 countries that use the euro, the ministers welcomed the...
