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Creditors Reject Greece's Reform Proposals

From bloomberg.com

Greece’s provisional agreement with creditors to avert a default started to crack as European officials said the country’s latest proposals fell far short of what was tabled two weeks ago and Greek ministers floated the prospect of a referendum if their reforms are rejected. The list of measures Greece’s government sent to euro region finance ministers last Friday, including the idea of hiring non-professional tax collectors such as tourists, is “far” from complete and the country probably won’t receive an aid disbursement this month, Eurogroup chairman Jeroen Dijsselbloem said on Sunday. Greece’s anti-austerity ... (full story)

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