Ad
Greek finance minister Tsakalotos (c): 'There was white smoke' (Photo: Council of the EU)

Deal on Greece paves way for debt relief talks

Greece and its international creditors have agreed a “technical deal” that allows them to move on to discussions about debt relief, finance minister Euclid Tsakalotos said on Tuesday (2 May).

“The negotiations for a technical deal were concluded on all issues,” he said, adding that “the way has now been paved for debt relief talks”.

The deal includes a promise by Greece to cut pensions and increase taxes, in exchange for permission to give rent subsidies and increase child support...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Ad
Ad