Monday, November 26, 2012 11:42 am
News Summary: Euro officials discuss Greek crisis
By The Associated Press
THE DETAILS: The ministers are meeting in Brussels to release some (EURO)44 billion ($56.8 billion) for Greece, which still owes money it was supposed to repay last week.
THE STICKING POINT: Greece is unlikely to complete its program of budget cuts and reforms by 2014 and will likely receive a two-year extension plus several billion more. It is disagreements over how to fund this that have stopped Greece from getting its money.