11:10 GMT09 March 2021
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    Greece's Gordian Knot: Syriza Tackles Austerity (404)
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    Greek Prime Minister assures he is ready for compromising in debt talks.

    BRUSSELS (Sputnik) – An agreement on settling the Greek economic crisis may be reached on Sunday if the European Union wants Greece to remain, Greek Prime Minister Alexis Tsipras said Sunday.

    “I'm here ready for another compromise, we owe this to the peoples of Europe who wants Europe united and not divided. We can reach an agreement tonight if all parties want it,” Tsipras said when he arrived for the Euro Summit in Brussels.

    Earlier in the day, President of the European Council Donald Tusk said that the eurozone leaders will convene on Sunday to discuss the Greek economic crisis, adding that the summit will last until the talks are concluded.

    A meeting of the eurozone finance ministers on Greece crisis is taking place in Brussels. The Eurogroup is trying to reach an agreement on launching talks on Greece’s new bailout.

    Athens owes about $270 billion to the International Monetary Fund, the European Central Bank and eurozone nations.

    The July 5 referendum, in which the Greeks voted against the last bailout deal, sparked a new wave of speculation about Athens’ possible exit from the eurozone.

    On Thursday, Athens presented a revised plan that includes some of the creditors' requirements, including tax cuts and pension reforms.

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    Greece's Gordian Knot: Syriza Tackles Austerity (404)

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    Tags:
    debt payment, European Union, Alexis Tsipras, Brussels, Greece
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