“Greece, found agreement with creditors in exchange for aid ‘- BBC

THE NEGOTIATIONS

Milan , August 8, 2015 – 18:36

     
     
 

Creditors of Greece reached an agreement on a reform package that Athens must implemented over the next three years to release the next aid package. This was reported by the German “Faz”, explaining that the draft agreement will be discussed with the government greek this weekend and then be submitted to the European states. According to a report in the “FAZ” creditors – the EU, IMF and ECB – define the package of reforms identified as “substantial and structural.” If the European states will agree, the new aid program will be activated by 20 August, but the package, warns the German daily, could be delayed by the reserves of Berlin. The greek government, recalls the FAZ, has already scheduled the discussion of a new round of reforms in the week, to vote by August 14, which provides for cutting defense spending and subsidies for farmers.

8 August 2015 (modified August 8, 2015 | 18:53)

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