Greece draws up anti-austerity reforms ahead of eurozone meeting

Written by  Published by:Pakistan Views Tuesday, 10 February 2015 15:59

Greece's new anti-austerity government has drawn up economic reforms as Athens pushes its international creditors to loosen tough conditions on the country’s huge bailout.

Prime Minister Alexis Tsipras and Angel Gurria, chairman of the Organization of Economic Cooperation and Development (OECD), will meet on Tuesday to discuss the proposed reforms ahead of an emergency meeting of eurozone finance ministers on Wednesday, AFP reported.


During the talks, the Greek premier is set to appeal for his stopgap financing reform blueprint to replace the current EU-International Monetary Fund (IMF) bailout agreement.  


Athens seeks to clinch a final austerity-free deal on the resolution of the Greek debt crisis.


Meanwhile, European Commission President Jean-Claude Juncker has said that the Greek government should not assume that the eurozone would simply accept Tsipras’s demands for a huge reduction in Greece’s debt.


Tsipras, leader of the opposition Syriza party, won the Greek election on January 25, vowing to pull the country out of the austerity imposed by international creditors.


Tsipras’s party says the EU-IMF bailout conditions have impoverished Greece and fueled unemployment.


Greece nearly went bankrupt in 2010. It survived, however, on international rescue packages. Athens has received 240 billion euros (USD 330 billion) in international loans in return for the enforcement of austerity measures.

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