Fra Guardian
Greek creditors ‘close to agreeing a deal’
The euro has jumped on reports that Greece’s creditors are close to agreeing a proposal to send to Athens.
It’s a confusing picture (as so often!); Reuters is hearing that a draft deal is almost ready.
- GREECE’S EU/IMF CREDITORS CLOSE TO COMPLETING DRAFT OF DEAL TO PUT TO GREEK GOVT – SOURCE CLOSE TO TALKS
The Wall Street Journal also reckons an accord is imminent, with creditors prepared to compromise a little:
Marcus Walker, the WSJ’s European economics editor, writes:
Greece’s creditors have reached a consensus on the terms of a proposed deal to put to the Greek government, according to two people familiar with the talks.
Officials representing European institutions and the International Monetary Fund on Tuesday morning completed the draft of an agreement to unlock bailout aid for Greece, after key European and IMF leaders met in Berlin late Monday to overcome differences between Greece’s creditors, they said.
Eurozone governments and the IMF have agreed to press Greece for far-reaching economic overhauls, while the IMF has softened its insistence that Europe offer explicit commitments to relieve some of Greece’s debt burden, the people said…
