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Greek Govt Agrees on Final Bailout Proposals

Alexis Tsipras, Panos Kammenos
Greece has now almost completed every official step it needs to reach an agreement with its international creditors.
The SYRIZA-ANEL coalition government agreed on Thursday evening on the final proposals it will send to creditors for the ESM bailout program.
Defense Minister and Independent Greeks (ANEL) leader Panos Kammenos said the proposals will officially be submitted later in the day.
“As it had been agreed in the political leaders’ meeting, under the President of the Hellenic Republic, the Greek proposals will be submitted soon, exactly as it has been described,” he said.
Earlier in the day, Productive Reconstruction, Energy and Environment Minister Panagiotis Lafazanis had said the government will not sign a deal that does not respect Greece and include austerity measures.
Kammenos also tweeted that the special status of the Greek islands, which are subjected to lower VAT, is guaranteed by the Constitution and the Amsterdam Convention. This special status has been an issue of dispute between the Greek government and creditors.
The clock is winding down as Sunday’s Euro Summit, which imposed a deadline for Greece and its creditors to reach an agreement, is approaching. It is now up to creditors to decide if these proposals are enough.

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