Greek counter-proposals to the country's international creditors on a cash-for-reforms deal will focus on budget issues and Athens hopes an agreement can be sealed by June 18, a government official said on Friday. Requesting anonymity, the official said the government refused to raise the value-added tax rate for electricity as demanded by the European Union and IMF lenders. Earlier, another official said Athens was ready to submit the counter-proposals and would restart negotiations in Brussels on Saturday.
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