The Traderszone Network

Published in TZ Latest News 21 June, 2015 by The TZ Newswire Staff

EU welcomes 11th-hour Greek proposals in ‘forceps delivery’

BRUSSELS/ATHENS (Reuters) – The European Union welcomed new proposals from Greek Prime Minister Alexis Tsipras as a “good basis for progress” at talks on Monday where creditors want 11th-hour concessions to haul Athens back from the brink of bankruptcy. EU chief executive Jean-Claude Juncker’s chief-of-staff spoke of a “forceps delivery” as officials worked late into the night to produce a deal ahead of a summit of euro zone leaders in Brussels that they hope can keep Greece in the currency bloc.

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