Greece prepares set of proposals ahead of crucial Eurogroup meeting

Speaking in Parliament on the afternoon of February 9, Greek finance minister Yanis Varoufakis outlined the plan he will present to Eurogroup counterparts during the February 11 summit.

The Greek government will “move ahead with deep reforms” Varoufakis told MPs, adding that 70 per cent of the reforms and commitments that are in the current bailout deal will be implemented and the rest will be scrapped.

Varoufakis also revealed that budget balance will remain intact but the current government will not negotiate with troika inspectors for the conclusion of the current bailout deal which runs out at the end of February.

For the full story, please click here.