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Greek Reform List yet to Take Shape as Talks With Lenders Continue
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30.03.2015
Greece and its international creditors continued talks through the weekend on reforms to unlock loans, but the lenders said it could take several more days before a proper list of measures was ready.
A source familiar with the matter told Reuters last week, that Greece will run out of money by April 20th if it does not secure funding from its European partners.
To get more cash, Greece has promised a list of reforms to make its economy competitive and public finances sustainable.
Athens said it sent a reform list on Friday. The measures are meant to raise 3 billion euros and exclude "recessionary measures" such as wage and pension cuts.
But creditors said the list was more a collection of ideas than something that could be presented to the Eurogroup.
A source familiar with the matter told Reuters last week, that Greece will run out of money by April 20th if it does not secure funding from its European partners.
To get more cash, Greece has promised a list of reforms to make its economy competitive and public finances sustainable.
Athens said it sent a reform list on Friday. The measures are meant to raise 3 billion euros and exclude "recessionary measures" such as wage and pension cuts.
But creditors said the list was more a collection of ideas than something that could be presented to the Eurogroup.
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