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Sunday, July 12, 2015

Eurogroup proposal on Greece

Square brackets denoted phrases not yet agreed by all 19 states: "The Eurogroup stresses the crucial need to rebuild trust with the Greek authorities as a pre-requisite for a possible future agreement on a new ESM programme. In this context, the ownership by the Greek authorities is key, and successful implementation should follow policy commitments. The Eurogroup expects continued full involvement of the IMF [and welcomes the intention by Greece to seek full involvement of the IMF in the monitoring and financing of the programme.] This is a precondition for the Eurogroup to agree on a new ESM programme.


READ THE ORIGINAL POST AT uk.news.yahoo.com