THE EUROPEAN UNION FINANCE MINISTERS RECONVENED IN THE EUROPEAN UNION CAPITAL BRUSSEL TO DISCUSS THE ALLOCATION OF THE SECOND FINANCE ASSISTANCE PACKAGE FOR GREECE.

THE EUROPEAN UNION FINANCE MINISTERS RECONVENED IN THE EUROPEAN UNION CAPITAL BRUSSEL TO DISCUSS THE ALLOCATION OF THE SECOND FINANCE ASSISTANCE PACKAGE FOR GREECE.

      The European Union Finance Ministers and the IMF (International Monetary Fund) delegates headed by Christine Lagarde have reconvened in the  European Union capital Brussel early morning today to discuss the allocation of the second finance assistance package for Greece that has been estimated at the sum of about one point five billion euros ($1.500,000,000.00) euros required for the Greece mounting debt problem solution after successive governments in Athens stood firmly to ensure further implementation of the European Union Austerity Measures, inspite of the current financial difficulties in Greece, besides the Greek government Finance Saving Packages that secured Greece rights for further European Union Rescue Packages and protect the country's projected future economic prospects within the Euro-zone. However, some European Union countries have expressed skepticism about Greece chances for faster financial and economic rebound as required by the European Central Bank credit line conditions at the current prevailing conditions of continued demonstrations, or strikes ballooning debt, higher unemployment rate and the government refusal to reduce the Greek military huge budget.

                                                  Written by Professor Godfrey Ohia.