Government agrees to talks on reforms with European creditors in return for progress on releasing next tranche of fundsGreece’s bailout inspectors are returning to Athens to seek changes to the countrys tax,pensions and labour market laws in a sign that the Greek prime minister, Alexis Tsipras, or will give way to European pressure for deeper reforms.
His government agreed at a assembly of eurozone finance ministers on Monday to talks on colossal economic reforms in exchange for progress on releasing the next instalment of bailout funds. In return,Europe signalled a winding back of austerity measures for the struggling nation, in a move that could end a dispute between EU creditors and the International Monetary Fund over how to deal with Greece.
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Source: theguardian.com