Greek Tax Revenues Fail To Reach Bailout Target

Recession not over

(Reuters)—Greece's recession eased slightly in the second quarter but not nearly enough to boost tax revenues to levels the government needs to meet its bailout targets, figures showed on Monday.

The data follows a magazine report saying Germany's central bank saw risks to the rescue package aimed at keeping Greece afloat and expects the euro member to need more aid in 2014 after it scraped through the last aid review.