15 June, 2015

Europe Is Urged to Prepare for Greek Default as Stances Harden on Debt Deal - The New York Times

Europe Is Urged to Prepare for Greek Default as Stances Harden on Debt Deal - The New York Times: "Mr. Sakellaridis repeated, however, that Greece would not cut pensions or raise the valued-added tax on basic goods, steps that, according to the government, the creditors have insisted Athens must take to release the bailout funds. Asked whether Greece would submit new ideas to creditors, he said that the government had “to a great extent reached its limit on proposals.”

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