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Greece reached an agreement with creditors on a package of reforms

Greece finally reached an agreement with foreign creditors on a package of reforms, said Greek Finance Minister Euclid Tsakalotos.

The agreement concerns labor reform, energy sector, pension cuts and tax increases in the country. Analysis of the implementation by Greece of requirements is performed regularly. It is noted that the analysis is impossible without the transfer of loans to Athens, and there is a risk of default on obligations to creditors, which could have serious consequences for the entire euro zone, according to RIA "Novosti".

"Negotiations on the technical agreement concluded on all issues. Open the way for negotiations on debt relief, "- said Tsakalotos.

The main problems of Greece are social insurance, labor and energy reform. creditors' representatives for several months can not complete a second assessment of the situation in Greece, which has to serve a huge debt in 326 billion euros, or 180% of GDP.

A source: LOOK

Tags: Greece, Reform, Economy

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