Europe's finance ministers are scheduled to discuss Greece's proposal for economic reforms in a conference call on Tuesday. It's an important moment for the indebted country's new government, which just released a tentative agreement with its European creditors last week to extend an existing line of credit for another four months. The proposals have to contain enough fiscal austerity that the creditors will be convinced Athens is willing to meet them halfway. But the government is bound by their campaign promises to reject austerity firmly, and any real retrenchment of public spending would do even more harm to the Greek economy. We'll be watching closely to see whether Greece's leadership can thread the needle.Read full article
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