Caitlin Atkinson
http://www.nytimes.com/2015/06/05/business/international/greece-debt-talks-ecb-imf-european-commission.html?ref=world
As Greece's economic problems continue, the country decided to invoke a policy that has not been used since the 1970's to delaying paying $335 million dollars back to the International Monetary Fund. There has been much controversy over Greece's debt as the country is a member of the European Union. Greece is tired of the austerity measures that have been in place over the past year and want to find a way to pick the economy back up with less strict prohibitions. However, other members of the EU doubt Greece's ability to pick itself back up.
In addition to international input, lawmakers in Greece must find a consensus which is proving difficult. Officials are resistant to another austerity measure and further cuts and are condemning many of the other countries' plans for assistance. Greece is in deep trouble and needs to be a bit more flexible with expectations concerning the economy.
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