Thursday, July 9, 2015

10 July 2015 - 6 a.m. CET - Greece bows to creditor demands in exchange for €53.5B bailout package

10 July 2015 - 6 a.m. CET

Greece bows to creditor demands in exchange for €53.5B bailout package

Greece met a deadline that counted on Thursday and made a series of sweeping proposals that its creditors needed by midnight to set off a mad rush toward a weekend deal to stave off a financial collapse of the nation.
The package met longstanding demands by creditors to impose wide-ranging sales-tax hikes and cuts in state spending for pensions that the left-leaning Greek government had long resisted

http://www.cbc.ca/news/business/greece-crisis-higher-taxes-pension-cuts-in-new-proposal-1.3144321

http://euro-drachma-grexit.blogspot.com/

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