Greek government's proposals to bridge gap with lenders appear to fall short

EconomyProgramme Tags: Labour, Pensions, Reforms, Revenues, Taxes

Along with the letter sent by the Greek Prime Minister Alexis Tsipras yesterday requesting a new 2-year loan from the ESM and extension of the second bailout programme for a short period, the government sent also a 2-page letter to the heads of the institutions.

In contrast to what the government had been stressing, particularly after the referendum call, the new letter notes it is “accepting the staff level agreement subject to a series of amendments, additions or clarifications”.

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