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Wednesday, July 8, 2015

EU Economics Commissioner: Up to Greece to Have Deal by Sunday

European Union Economics Commissioner Pierre Moscovici said it is up to Greece to find new ways to solve the country’s debt crisis and that a deal is possible by Sunday. Eurozone member countries have given Greece until the end of the week to come up with new, comprehensive proposals in return for a new bailout program that would help the country avoid bankruptcy and an inevitable exit from the common currency bloc. “The ball is clearly in Greece’s camp,” Moscovici said on France 2 television on Wednesday. “By Sunday, a solution needs to be found, I think it can be” he added. Moscovici also said that “the Commission door is open for Greece and that France and Germany have a “common approach” towards Greece. “There are differences (…) but also the feeling that if France and Germany don’t move forward together, nothing happens,” he said.


READ THE ORIGINAL POST AT greece.greekreporter.com