Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

Greece submits reform proposals to Brussels in an effort to avoid Grexit

Greece submits reform proposals to Brussels in an effort to avoid Grexit
Copyright 
By AP
Published on
Share this article Comments
Share this article Close Button

Greek media reports the leftist-led government has submitted a letter to Brussels, listing reforms it hopes will save the country from bankruptcy

ADVERTISEMENT

Greek media reports the leftist-led government has submitted a letter to Brussels, listing reforms it hopes will save the country from bankruptcy.

Prime Minister Alexis Tsipras is expected to finalise the proposal on Monday (February 23) – the original deadline for the list – but had earlier said he was confident it would get the green light from Greece’s main international creditors.

The country’s future in the euro zone now lies in the hands of the European Commission, the European Central Bank and the International Monetary Fund.

#Europe stands for mutually beneficial compromises not punishments. Yesterday’s results equally imp for Europe & GR pic.twitter.com/qaG49bSIDr

— Alexis Tsipras (@tsipras_eu) February 21, 2015

If the measures are approved, a bailout package the Syriza-led government says it is determined to scrap, will be extended for another four months.

Go to accessibility shortcuts
Share this article Comments

Read more

Relief and skepticism in Greece after eurozone loan deal

Greek debt: who will pay if Greece fails?

As EU elections approach, Greek islanders are stuck between hope and despair