Greece to present new debt plan to EU

Greek Finance Minister Yanis Varoufakis said on Saturday that he would hand his European Union counterparts an outline for a new debt and economic reform program next week.

“We will present a comprehensive proposal on Wednesday,” he said, referring to the upcoming meeting of eurozone finance ministers in Brussels.

Greece’s cabinet met on Saturday for the third time in two days to thrash out the government’s overall policy program, which Prime Minister Tsipras is expected to deliver in a speech before parliament on Sunday.

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(Photo of  Varoufakis: German Federal Ministry of Finance, Jörg Rüger)