Euro gains on hopes Greece will meet creditors’ demands

Comments Off on Euro gains on hopes Greece will meet creditors’ demands

Greek finance minister Yanis Varoufakis looked set to agree to some of the demands being made by the country’s main creditors.

“The current disagreements with our partners are not unbridgeable,” he said.

“Our government is eager to rationalise the pension system, proceed with partial privatisation of public assets, address the non-performing loans that are clogging the economy’s credit circuits, create a fully independent tax commission and boost entrepreneurship.”

 

But European Commission vice-president Valdis Dombrovskis said there would not be a deal in the Latvian capital and told Greece to accelerate its work on a list of reforms.

Jeroen Dijsselbloem, chairman of the Eurogroup of ministers, said: “There is a great sense of urgency for all of us. I have spoken to my colleagues in Athens and they’re very determined to get the deal.”

Source Article from http://www.standard.co.uk/business/business-news/euro-gains-on-hopes-greece-will-meet-creditors-demands-10200981.html

April 24, 2015 |
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