(MENAFN- AFP) Greece has submitted a promised reform plan to its EU-IMF creditors, a day before Prime Minister Alexis Tsipras is due to discuss how to end Athens's debt crisis with the French and German leaders, a European source said Tuesday.
Creditors "are now in the process of studying" the list of "counter-proposals", which arrived two days after European Commission chief Jean-Claude Juncker complained Tsipras had not fufilled a pledge made at a meeting last week to send Brussels the plans.
Failing to reach a deal to rescue Greece from a looming default would be the beginning of the end for the eurozone, Tsipras told the Italian daily Corriere della Sera.
Asked by the newspaper if a failure to agree on the rescue deal, meaning that Greece would soon likely default on its debts, would also be a failure for Europe, Tsipras said "I think that is evident. It would be the beginning of the end for the eurozone."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.