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TEMPORARY EU Could Yank Greek Aid Thanassis Stavrakis / AP Photo

EU Could Yank Greek Aid

European Union finance ministers are meeting Monday to decide whether to approve a $170 billion bailout package to Greece—which would be the second in two years—after the country successfully restructured its debt last week. But even if the aid is approved, the reprieve could be short-lived, because the country is planning on holding new elections in late April or early May to vote for new leadership. Euro-zone leaders could pull the plug if the eventual winners of the elections do not deliver on austerity reform.

March 12, 2012 6:36 AM