Greece and its international creditors reached a new agreement on Tuesday to rescue several million euros , a Ministry of Finance said, which will keep the country in the euro zone and avoid bankruptcy.
” an agreement has been reached. Some minor details are being discussed at the moment, “he said a Finance Ministry official told reporters after a marathon session of night negotiations between Greece and lenders in Athens.
Greece and international lenders to negotiate the terms of a new bailout by several billion euros agreed on Tuesday the latest fiscal targets, pointing to a primary surplus target for 2016 , a government official said .
The goals adjusted basis from a previous stage, provide a primary budget deficit of 0.25 percent of gross domestic product (GDP) in 2015, which would become a surplus 0.5 percent in 2016, from 1.75 percent in 2017 and 3.5 percent in 2018, the official said.
“said budget targets primaries have it completed “, the official part of the negotiations held responsible Greek government and representatives of international lenders in Athens said.
” It was also agreed that no new measures will be presented in 2015 and 2016 “added
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Greece is discussing the terms of a bailout for up to 86,000 million euros. The country aims to reach an agreement before the deadline to repay a portion of its debt to the ECB on August 20 .
Reuters
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