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Greece crisis: Hopes for deal as differences narrow

From theguardian.com

Eurozone sources say differences between Athens and creditors now minimal It looks like a cash-for-reforms deal could be within grasp – finally. Ian Traynor reports from Brussels: Terms still to be finalised but eurozone sources say differences are now minimal – that the pension issue is resolved, lots of VAT issues are resolved and that the differences on VAT amount to a risible €107m – peanuts. Creditors are still demanding €400m in defence cuts, while Greece is proposing €200m. Privatisation arrangements on regional airports are also said to be basically agreed. An EU negotiating source said: “It’s ridiculous to ... (full story)

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