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Wednesday, June 3, 2015

Greek State Minister Confirms Greece has Submitted Proposal to Institutions

Greece officially submitted a complete, comprehensive and compact draft of its proposals to the country’s creditors on Monday night, Minister of State Nikos Pappas said on Tuesday, confirming earlier reports citing government sources. He noted that this was a requirement under the February 20 agreement and urged “anyone having something specific to say concerning the proposal to do so.” “There is no time for soundbites. As Greek Prime Minister Alexis Tsipras recently said, anyone who wants a solution should contribute now, and those who don’t want a solution should keep quiet,” Pappas added. Earlier, government sources had said that a comprehensive 47-page long draft proposal has been sent to creditors. They said this proposal provides for a primary surplus of 0.8% in 2015 and 1.5% in 2016, as well as three VAT rates of 6%, 11% and 23%. The government denied as inaccurate a report appearing in tovima.gr, citing sources, regarding the alleged content of the Greek proposal. (source: ana-mpa)


READ THE ORIGINAL POST AT greece.greekreporter.com