Merkel, Hollande, Tusk, Tsipras Present Compromise Greece Agreement to EU

© AFP 2023 / JEAN-CHRISTOPHE VERHAEGENGerman Chancellor Angela Merkel (R) arrives for a meeting of European Popular Parties (EPP), on July 12, 2015, in Brussels
German Chancellor Angela Merkel (R) arrives for a meeting of European Popular Parties (EPP), on July 12, 2015, in Brussels - Sputnik International
Subscribe
German Chancellor Angela Merkel, French President Francois Hollande, Greek Prime Minister Alexis Tsipras and European Council President Donald Tusk presented the compromise agreement on Greece's debt issue at Euro summit, a French news agency reported Monday citing a European diplomat.

MOSCOW (Sputnik) — Earlier, the European leaders in the quadripartite format discussed in Brussels the possibility and terms of additional financial aid to Greece.

A broken piggybank painted in the colours of the Greek flag lies amongst various euro coins in front of letters spelling the word 'GREECE' in this picture illustration taken in Berlin, Germany June 30, 2015 - Sputnik International
Eurogroup May Make Final Decision on Greek Crisis on July 15 - Diplomat

Euro summit will continue its work later in the day to discuss the compromise deal, Tusk's press secretary said.

On Sunday, the Eurozone finance ministers discussed whether the Athens’ proposals on financial reforms are sufficient to start new round of talks on the Greek bailout.

People walk at a main seaside avenue, as the White Tower is seen at the background, in the Greek northern town of Thessaloniki, Greece. - Sputnik International
Greece's Urgent Financial Needs Reach $7.79Bln - European Diplomat

The Eurogroup came up with a list of recommendations that the Eurozone leaders are currently considering in Brussels.

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.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала