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10 Jul 2015
The Greek proposals were submitted
FXStreet (Guatemala) - The reform package was completed between Prime Minister Alexis Tsipras, Deputy Prime Minister Yiannis Dragasakis, Finance Minister Euclid Tsakalotos and the Economy Minister Giorgos Stathakis.
The Greek government have sent over the new proposals to Brussels and also to the Greek Parliament, which is due to vote on them on Friday. However, it is thought that the new proposals will be a greater sum of money required, some EUR12b and more than the previous EUR8b.
So now we await for the European institutions to present their report to the Euro Working Group for the weekend meeting on Saturday which is due to meet on Saturday morning in Brussels, before it makes its recommendation to the Eurogroup finance ministers and prior to the Eurozone finance ministers meeting up on Saturday at 4pm local. We then have the EU leaders' summit on Sunday.
The Greek government have sent over the new proposals to Brussels and also to the Greek Parliament, which is due to vote on them on Friday. However, it is thought that the new proposals will be a greater sum of money required, some EUR12b and more than the previous EUR8b.
So now we await for the European institutions to present their report to the Euro Working Group for the weekend meeting on Saturday which is due to meet on Saturday morning in Brussels, before it makes its recommendation to the Eurogroup finance ministers and prior to the Eurozone finance ministers meeting up on Saturday at 4pm local. We then have the EU leaders' summit on Sunday.