Greece submits revised proposals to EU, IMF

The European Commission has confirmed that it has received Greece's reform plan needed for further bailout funds

Greece submits revised proposals to EU, IMF

World Bulletin / News Desk

 Greece submitted a revised reform plan to the European Commission and the International Monetary Fund Tuesday, an EU official said.

“Diverse proposals are being circulated including new suggestions which were received earlier this morning,” Margaritis Schinas, spokesman for the European Commission, told reporters in Brussels.

“The three institutions are currently assessing these suggestions with diligence and care,” Schinas said.

The European Central Bank, the European Commission, and the IMF want Greece to carry out further reforms so it can receive €7.2bn (£5.3bn) in bailout funds.

Greece has until the end of June to make a payment of about $2 billion to the International Monetary Fund. The Greek government delayed making the first of these payments on June 5.

The Greek government is currently dependent on emergency loans from the European Central Bank to run its banks and public services.

Güncelleme Tarihi: 09 Haziran 2015, 15:29