Advertise On EU-Digest

Anual Advertising Rates

6/21/15

Greece: Creditors offer Greece six-month bailout reprieve as Tsipras weighs response - by J. Hoopera and I.Traynor

Greece’s international creditors are aiming to strike a deal to stop Athens defaulting on its debt and possibly tumbling out of the euro by extending its bailout by six months and supplying up to €18bn (£12.9bn) in rescue funds.

The negotiators representing Greece’s lenders are also proposing to pledge debt relief for the austerity-battered country – but officials stressed that a breakthrough hinged on a positive response from the Greek prime minister, Alexis Tsipras.

Negotiations were continuing on Sunday night, hours ahead of crucial gatherings of eurozone finance minsters and leaders in Brussels, which Angela Merkel, the German chancellor, François Hollande, the French president, and Tsipras are expected to attend. All three leaders spoke over the weekend, with contributions from European commission head Jean-Claude Juncker.

Read more: Creditors offer Greece six-month bailout reprieve as Tsipras weighs response | World news | The Guardian

No comments: