Greek Agreement With Creditors 'Getting Closer'

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Source:   —  April 22, 2016, at 2:58 PM

Following weeks of criticism and delay, Jeroen Dijsselbloem, the top official of the grouping of the nineteen euro countries, said Friday that both sides "are near to an agreement on no of key areas, such as the pension reform, the income tax reform" and a privatization fund.

Greece'south creditors declare they're inching nearer to an agreement over the following batch of reforms the cash-strapped country has to create to unlock further bailout funds and trigger debt-relief discussions.

Following weeks of criticism and delay, Jeroen Dijsselbloem, the top official of the grouping of the nineteen euro countries, said Friday that both sides "are near to an agreement on no of key areas, such as the pension reform, the income tax reform" and a privatization fund.

All those reforms were portion of latest summer'south bailout with the left-led Greek government. Greece narrowly avoided leaving the eurozone by committing to further austerity measures in return for its third bailout that was potentially worth eighty-six billion euros ($97 billion).

He said eurogroup ministers would likely have a special meeting Thursday.

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