BRUSSELS/ATHENS (Reuters) – Greek political leaders said they had clinched a deal on economic reforms needed to secure a second EU bailout, but euro zone finance ministers demanded more steps and a parliamentary seal of approval before providing the aid. The EU and the International Monetary Fund are exasperated by a string of broken promises by Athens and weeks of disagreement over the terms of a 130 billion euro ($172 billion) bailout, with time running out to avoid a default. …

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Greece has failed to secure a deal to unlock the next instalment of its multi-billion-dollar bailout after talks with eurozone finance ministers The Greek government-debt crisis (also known as the Greek Depression) is the sovereign debt crisis faced by Greece in the aftermath of the financial crisis Election and appointment of the Prime Minister. The prime minister is officially appointed by the president of . According the Article 37 of the Pound falls as UK budget Pound falls as UK budget deficit widens more than expected; Eurozone growth holds steady at six-year high Tags: pound, falls, budget, deficit, UN News Centre – Official site for daily UN news, press releases, statements, briefings and calendar of events. Includes UN radio, video, webcasts Latest news and headlines around the world related the state of the global economy. Get the latest international news and world events from Asia, Europe, the Middle East, and more. See world news phos and videos at ABCNews.com

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