Eurozone welcomes new Greek debt plans
But it would take several days to see if they can lead to an agreement to avert a default
Brussels
EUROZONE finance ministers welcomed new Greek proposals for a cash-for-reform deal on Monday but said they required detailed study and it would take several days to determine whether they can lead to an agreement to avert a default.
Jeroen Dijsselbloem, chairman of the 19-nation Eurogroup, told a news conference: "We will work very hard in the next few days, the institutions with the Greek government, to get that deal this week."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Japan closely monitoring weak yen, PM Kishida says, in fresh warning from Tokyo
Biden’s plan to hit China with more tariffs is mostly symbolic
Sterling rises after UK economy beats expectations and exits recession
China’s car exports hit record high in April, as domestic sales fall
UK exits recession with fastest growth in nearly three years
Europe’s rush for rate cuts shifts global market power away from US