Negotiations Between Greece, Creditors End Without Agreement

World » SOUTHEAST EUROPE | February 11, 2017, Saturday // 12:22| Views: | Comments: 0
Bulgaria: Negotiations Between Greece, Creditors End Without Agreement BGNES

The negotiations between Greece and its creditors in Brussels ended without an agreement.

The Greek government must pay EUR 7 B of iys debts in the summer but it will not be able to do so without new tranches from the rescue plan.

In exchange for the rescue plan, Athens has to implement large-scale economic reforms, including of the pension system.

Earlier this week, German FinanceMinister Wolfgang Schäuble said that Greece needs to undertake reforms or leave the Euro zone.

Southeast Europe » Be a reporter: Write and send your article
Tags: greece, creditors, reforms, rescue plan, debt
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria