Negotiations between Athens, lenders now shift to 'fail clause' measures worth 3 to 3.5 bln€

09:21 19/4/2016 - Πηγή: Ναυτεμπορική
Upwards of three billion euros of additional measures are apparently the latest result of hasty negotiations between the Greek government and institutional creditors, with press reports pointing to talks on the margins of an IMF meeting in Washington as leading to a “compromise” whereby Athens will implement more taxes and spending cuts in order to meet a 3.5-percent of GDP primary budget surplus for 2018 if current measures don't suffice.
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Keywords
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