Greek government says that proposal of creditors can not be accepted – JN Mobile

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Greek government says that proposal of creditors can not be accepted

Published today at 18:17

The latest proposal to Greece by creditors in exchange for fiscal reforms and efforts “can not be accepted” as it contains measures “recessive” and a five-month financing program considered “insufficient”, today said source . Greek government

“The proposal of institutions (European Commission, European Central Bank and International Monetary Fund) to the Greek government was to legislate immediately on deep recessionary measures (…) as a condition for a five-month financing, which is insufficient whole, “he said Greek government in a statement.

According to what has been disclosed, the proposal of the institutions provided for an extension of five months of the financial assistance program for Greece and a package of at least 12 billion euros to pay in four installments until November for European and IMF.

The note of the Greek government confirms in detail this proposal

which provides for an emergency payment to Athens from 1.8 billion euros to allow the country to do the payment to the IMF of more than EUR 1.5 billion that matures on Tuesday, but before the agreement would have to be approved by the Greek Parliament

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