Jun
22
Sticking Points & Progress Made in Greek Debt Talks: Fact Sheet
ByEuro-area leaders met Monday to discuss a new proposal made by Greek Prime Minister Alexis Tsipras’s government to avert default. It was welcomed as the most credible plan since negotiations began five months ago.
Here is where progress was made:
* Primary-surplus targets They’re closer to what creditors are demanding. This is what Valdis Dombrovskis, European Commission vice president for euro policy, said: “It’s in line with the institutions’ proposals, meaning surpluses in the next four years is 1, 2, 3, 3.5 percent” of gross domestic product respectively…
Sticking Points & Progress Made in Greek Debt Talks: Fact Sheet