EU escalates pressure on Greece over bailout deal

Here are the latest reports on EU escalates pressure on Greece over bailout deal
ARTHUR BEESLEY in Brussels EUROPE PILED pressure on Greek leaders as they resisted demands for a swingeing round of wage and pension cuts in the country’s second bailout. In a weekend of drama and brinkmanship in Athens, the stand-off between the Greek unity government and the EU-IMF-ECB troika prompted renewed anxiety about the feasibility of the new rescue plan. All elements of the package, which has been under negotiation since October, need to be in place within days to prevent the country defaulting on a Euro14.5 billion debt next month. However, Greek leaders have taken umbrage at the troika’s…