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Juncker Promises Tsipras 'Improved' Bailout Proposals – Reports

© AFP 2023 / Emmanuel Dunand European Commission President Jean-Claude Juncker gives a press conference at the end of German chancellor's visit to the European Commission at the European Commission headquarters in Brussels, on March 4, 2015
European Commission President Jean-Claude Juncker gives a press conference at the end of German chancellor's visit to the European Commission at the European Commission headquarters in Brussels, on March 4, 2015 - Sputnik International
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European Commission President Jean-Claude Juncker reportedly promised Greek Prime Minister Alexis Tsipras in a phone talk Wednesday night to propose new “improved” bailout offers to Greek government.

ATHENS (Sputnik) — European Commission President Jean-Claude Juncker promised Greek Prime Minister Alexis Tsipras in a phone talk Wednesday night to propose new “improved” bailout offers to Greek government, Greek TV Channel Skai reported citing government sources.

“The ten-minute conversation was constructive and went in a good atmosphere. According to the sources, Jean-Claude Juncker is expected to take an initiative to propose new, slightly improved offers to Greek government,” the TV channel reported.

Protesters gather in front of the parliament during a pro-government rally calling on Greece's European and International Monetary creditors to soften their stance in the cash-for-reforms talks in Athens, June 17, 2015. - Sputnik International
Protesters Gather for Anti-Austerity Rallies in Greece Prior to Bailout
Greece's overall debt currently stands at $350 billion, of which the country owes $270 billion to three of its biggest lenders, the International Monetary Fund (IMF), the European Commission and the European Central Bank.

On Thursday, Eurozone finance ministers are due to meet in Luxembourg for talks on the Greek debt crisis. The European Union wants Athens to introduce unpopular social and economic reforms in exchange for additional cash injections.

According to Skai’s sources, Athens will be asked to conduct some of the reforms – for example, to ban early retirement — in a speedy manner, while it will be allowed to postpone the implementation of the other changes.

Greece’s current bailout program expires on June 30.

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