Greece looking for more cuts

Published August 7, 2012 2:58pm ET



ATHENS, Greece (AP) — Greece has still to find up to €4 billion ($5 billion) worth of cuts to satisfy the demands of its international creditors, the country’s finance minister said Tuesday.

The debt-ridden country has promised to slash €11.5 billion ($14.1 billion) off its 2013-14 budget in order to continue receiving emergency rescue loans from other eurozone countries and the International Monetary Fund.

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