EUROPEAN UNION LEADERS AND FINANCE MINISTERS HAVE REACHED COMPROMISE ON THE EXTENSION OF FURTHER ALLOCATION OF FINANCE PACKAGES FOR GREECE WITH THE CONDITION THAT GREECE SHOULD PRESENT THE REQUIRED FINANCE SAVING PACKAGE OBJECTIVES, OR POLICY THAT SHOULD BE IN ACCORDANCE WITH THE EUROZONE UNIFIED FINANCE POLICY.

European Union leaders and Finance Ministers have reached compromise on the extension of further allocation of finance packages for Greece with the condition that Greece and particularly the finance cabinet of Prime Minister Alexis Tsipras should present the required finance saving package objectives, or policy that should be in accordance with the Eurozone unified finance policy until Monday, February 23^rd in the year 2015, or else Greece may lose the privilege for the allocated European Union Finance Packages within the extended four months period. Greece finance cabinet have expressed their gratitude for the compromise reached on further allocation of Eurozone finance packages that may further support Greece finance recovery and enable Greece to determine its destiny on various finance and economic issues as required by the government. However, Germany's finance Minister Wolfgang Schauble has expressed his opinion and happiness that may happen, if Greece fulfilled all the objectives with the required finance recovery within the given shortest period of time, despite the exclusion of the European Union Finance Experts, the International Monetary Fund (IMF) and the private Investors direct involvement in the required faster financial and economic recovery in Greece as previously demanded by the new cabinet government of the Greek Prime Minister. In other words the gratitude expressed, or the victory indicated on the little so far attained by further extension and allocation of Eurozone Finance Packages for Greece has been generally referred to as less proven expectation.

                                                   Written by Professor Godfrey Ohia.

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