EU: Greek debt talks on track – answers

questions

  1. How is Greece described in the first sentence by the reporter? as ‘debt-strapped’
  2. When will a meeting be held? in early May (‘early next month’)
  3. How long is Van Rompuy staying in Tokyo? 4 days
  4. How does Van Rompuy describe the negotiations over Greece? as ‘going on’ and ‘well on track’
  5. Which adjective is used to describe the status assigned to the Greek debt? ‘junk’
  6. Which verb is used to describe the action of the rating agency? ‘slashed’
  7. Which other country was also down-graded? Portugal
  8. Who is worried and by what? investors are worried about political pressures o block a $60billion+ bail-out of Greece
  9. Which four parties are negotiating the joint programme for a financial package? the European Commission, the European Central Bank, the IMF and the Greek Government
  10. What do global markets feel about European governments in this matter? they are not convinced that there is political will to reach and sustain and aid package