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Greece calls for debt relief as bailout talks resume in Athens – Reuters

By Renee Maltezou and Lefteris Papadimas
| ATHENS

Greece’s prime minister held out for a commitment from lenders to debt relief on Tuesday, and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a May 22 target.

Talks over reforms in the energy and labor market and pension cuts and income tax increases have dragged on for months, mainly due to differences between EU lenders and the International Monetary Fund over fiscal targets.

Athens and the lenders reached a preliminary deal this month in Malta on key elements of reforms to produce savings worth 2 percent of gross domestic product.

Tsipras, who faces national elections in 2019 and whose popularity is s…

Read the full article at: http://www.reuters.com/article/us-eurozone-greece-bailout-idUSKBN17R146

Category: Debt HelpBy Insolvency GuardianApril 26, 2017

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Greece calls for debt relief as bailout talks resume in Athens – Reuters

By Renee Maltezou and Lefteris Papadimas
| ATHENS

Greece’s prime minister held out for a commitment from lenders to debt relief on Tuesday, and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a May 22 target.

Talks over reforms in the energy and labor market and pension cuts and income tax increases have dragged on for months, mainly due to differences between EU lenders and the International Monetary Fund over fiscal targets.

Athens and the lenders reached a preliminary deal this month in Malta on key elements of reforms to produce savings worth 2 percent of gross domestic product.

Tsipras, who faces national elections in 2019 and whose popularity is s…

Read the full article at: http://www.reuters.com/article/us-eurozone-greece-bailout-idUSKBN17R146?il=0

Category: Debt HelpBy Insolvency GuardianApril 25, 2017

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