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Greece Offered Cash-for-reforms Deal
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26.06.2015
Greece's international creditors have made a new proposal to Athens, which would extend its bailout so that it can avoid defaulting on its debt - providing it agrees to reforms.
The proposal would release €15.5bn of funding, €1.8bn of which would be available immediately.
Greek PM Alexis Tsipras on Friday accused the lenders of blackmail. He said, "Europe's principles are not based on blackmail and ultimatums.
The proposal would release €15.5bn of funding, €1.8bn of which would be available immediately.
Greek PM Alexis Tsipras on Friday accused the lenders of blackmail. He said, "Europe's principles are not based on blackmail and ultimatums.
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