Morning Star.png

 

 

Greece:

 

Eurozone Refuses Greek Plan

 

 

The Morning Star, London, 26 June 2015

 

Talks on a Greek credit bailout ended in Brussels yesterday without agreement 
as creditors continued to reject Greek proposals.

 

Before the meeting of the 19 eurozone states, German Finance Minister Wolfgang 
Schaeuble said Greece had “not moved, rather moved backward, and so I am not 
very confident for our meeting today.”

 

Creditors remain adamant that Greece must make swingeing austerity “reforms” on 
top of previous cuts that have already crippled the country’s economy.

 

Greece has a €1.6 billion (£1.1bn) instalment to pay on Tuesday which it cannot 
afford unless the creditors unlock €7.2bn (£5.1bn) in bailout money.

 

Syriza party parliamentary spokesman Nikos Filis said: “The effort to restore 
exhausting measures shows the blackmail and pressure against Greece is 
culminating.”

 

Negotiations will resume tomorrow.

 

 

From:  
<http://www.morningstaronline.co.uk/a-79c4-Greece-Eurozoners-continue-to-snub-tax-rise-solution#.VYzaivmqqko>
 
http://www.morningstaronline.co.uk/a-79c4-Greece-Eurozoners-continue-to-snub-tax-rise-solution#.VYzaivmqqko

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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