Greece ups effort to reach agreement with creditors

Written by on May 15, 2015 in Europe - Comments Off on Greece ups effort to reach agreement with creditors

The Greek government is intensifying its efforts to reach an agreement with the country’s creditors through a series of concessions it is about to make.

Possible measures, including tax reforms and possible privatizations, that could form the basis of an agreement, dominated a marathon cabinet meeting on Wednesday – the third in four days – chaired by prime minister Alexis Tsipras.

As technical talks resumed on Thursday at Brussels Group level, the Greek government said it will not back down from its red lines, but is doing all it can to agree a deal and has called on lenders to show action from their end.

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(Alexis Tsipras photo: consilium.eu)

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