European Union paymaster Germany, Greece's biggest creditor, had demanded "significant improvements" in reform commitments by Athens before it would accept an extension of euro zone funding.
There were strong objections from both Britain and the Czech Republic - EU countries that do not use the euro - to proposals to provide a 7 billion euro loan from the European Financial Stability Mechanism (EFSM), an EU-wide fund not intended for euro zone funding needs.
"They are trying to shut day care centres while having a £10million MediaCity Enterprise Zone Fund etc.
He has been pushing the idea of a euro zone fund of about 2.5 trillion euros that would issue a series of short-term debt securities to match the borrowing needs of all euro zone countries.
Novagalicia and CatalunyaCaixa, two other banks that need euro zone funds, lost €1.4 billion each over the same period.The centre-right government of prime minister Mariano Rajoy claims that this reform will not cost Spanish tax-payers anything.
When Ireland applied for its bailout from the euro zone fund in 2010, the financing was largely used to pay down banking debt that had ballooned during the 1990s, when the country became known as the Celtic Tiger, before the collapse of the Irish real estate market.
The temporary observations were conducted as a part of the Comprehensive Research on the Uemachi Fault Zone funded by the Ministry of Education, Culture, Sports, Science, and Technology (MEXT) of Japan.
There they found the only therapeutic feeding centre in the zone, funded by UNICEF at Gode Hospital – an institution that services 500,000 people within Gode zone and another 500,000 people outside, all with just 50 beds.
On November 28th the European Commission approved restructuring plans that will allow it to inject €37 billion ($48 billion) in euro-zone funding into four Spanish banks.
But rather than accept an extension, Mr Tsipras and Mr Varoufakis have dug in their heels, robotically insisting on a "bridging" deal that would unlock euro-zone funding while allowing the government to slow or reverse reforms.
After four years of appetiser-sized bank restructurings, bail-outs and reforms, Spain's banking system may finally be getting its fill of public money.On November 28th the European Commission approved restructuring plans that will allow it to inject €37 billion ($48 billion) in euro-zone funding into four Spanish banks.
