New Greek proposals seen as going in right direction but agreement still far from certainGreece was reported to have last night sent new proposals to its creditors ahead of today’s meetings of Eurozone finance ministers and Eurozone leaders. EU Economic and Monetary Affairs Commissioner Pierre Moscovici said the proposals “go in the right direction” and that he was “convinced” that today’s meeting would yield a way out of the crisis. However, the Financial Times reports that, according to officials, the Greek side once again sent the incorrect proposals and had to resend them this morning. A Greek government statement said …read more
Source: Open Europe