Pages

Tuesday, February 24, 2015

Greece submits reform document in bid to secure bailout extension

Six-page blueprint aimed at appeasing eurozone creditors expected to be endorsed by finance ministersGreece’s new leftwing government has moved to head off insolvency and a run on the banks by submitting a menu of structural economic reforms to Brussels aimed at appeasing its eurozone creditors and securing a four-month bailout lifeline.A six-page blueprint of new reforms is to be pored over in Brussels on Tuesday morning. The eurozone’s finance ministers are then expected to endorse the proposals, triggering an extension until the end of June of Greece’s bailout programme, which was due to expire next weekend. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com