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Greece sends reform plan to EU promising new tax hikes

GREECE AT THE BRINK GREECE EU REFORM PLAN GREECE SENDS REFORM PLAN TO EU PROMISING NEW TAX HIKES GREEK BANKS GREEK BANKS HAVE BEEN CLOSED SINCE JUNE 29 RATIONED when capital controls were imposed and cash Closs withdrawals rationed after the collapse of previous bailout talks. IMF LOAN GREECE IMF Greece defaulted on an IMF loạan герауment loan repayment the following day and now faces a critical July 20 bond redemption to the ECB of 3.49 billion euros, Financial Aid which it cannot make without aid. 240 BILLION EUROS € € The country has had two bailouts worth 240 billion euros from the 240 Billion euro zone and the IMF since 2010, but its economy has shrunk by a quarter, unemployment is more than 25 percent and one in two young people is out of work. ECONOMY GREEK GOVERNMENT EU REFORM bankruptcy 00:01 The Greek government sent a package of reform proposals to its euro zone creditors on Thursday in a race to win new funds to avert bankruptcy and will seek a parliamentary vote on Friday to endorse immediate actions. 53.5 BILLION EUROS IMF 53.5 billion ~2018~ SURPLUS TARGETS EU REPROFILING In the latest proposals, Greece has asked for 53.5 billion euros ($59 billion) to help cover its debts until 2018, a review of primary surplus targets and "reprofiling" the country's long-term debt. EURO ZONE EU EURO ZONE GIVES GREECE UNTIL SUNDAY FOR FINAL DEBT DEAL Euro zone gives Greece until Sunday for Final debt deal LAWS PASSED LAWS PASSED APPROVE THE SECOND PACKAGE OF REFORM MEASURES. Greece to open bailout talks as recession pushes goals further After another marathon session that ended in the early hours of Thursday, the Greek parliament voted overwhelmingly to approve the second package of reform measures. vedeo chef http://www.bbccom/hews/world-europe-33503955 Vote E E

Greece sends reform plan to EU promising new tax hikes

shared by VideoChef on Jul 29
Eurozone leaders have agreed to offer Greece a third bailout, after marathon talks in Brussels. Laws passed, Greece to open bailout talks as recession pushes goals further.


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