Hopes are rising that Greece and its creditors will hammer
out a compromise deal to extend its bailout programme, warding off the
immediate threat of a default.
The European Commission is rumoured to be proposing a six-month extension to Greece’s existing bailout program.
According to the MNI news service, the EC might also ease up on Greece’s budget surplus targets, from 4.5% of GDP to 1.5%-2%. That’s much closer to Alexis Tsipras’s own targets.
Nothing’s official yet.
Read more: Greek government heads towards confidence vote -- live updates | Business | The Guardian
The European Commission is rumoured to be proposing a six-month extension to Greece’s existing bailout program.
According to the MNI news service, the EC might also ease up on Greece’s budget surplus targets, from 4.5% of GDP to 1.5%-2%. That’s much closer to Alexis Tsipras’s own targets.
Nothing’s official yet.
Read more: Greek government heads towards confidence vote -- live updates | Business | The Guardian
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