“FT”: Creditors Athens agreed a plan reforms the Greek economy – Puls Biznesu

The plan was agreed by Greece’s lenders – the European Central Bank, the International Monetary Fund and the European Commission – after several months of internal disputes – writes “FT”, referring to the anonymous politicians.

Interviewees “FT” count that the government of Prime Minister Alexis Tsipras will accept the plan until Friday, when Greece must repay another installment of the IMF loan worth 300 million euros.

If the project is approved creditors, Athens will get frozen due to the deadlock in negotiations next tranche of aid – 7.2 billion.

How did the British newspaper, the agreement of creditors a turning point in extending from months of negotiations, during which tensions grew between the IMF and the European Commission as to how Greece should reform the economy and balance their finances.

The plan, which lenders provide Athens, it is only short-term solution that will allow Athens to survive the end of June, the date of termination of the current aid package (the so-called. bailout) for Greece.

According to the ‘FT’ creditors now considering extension of the current bailout, so as not to deprive Greece of funding will be implemented before the next bailout package. With such a deferral ECB would continue to provide Greek banks with cheap loans, so that the local financial system retains fluidity.

Earlier Tuesday, the head of the Eurogroup Jeroen Dijsselbloem warned that progress in the negotiations with Greece are not enough to unlock the next tranche financial aid for Athens. He added that this week there is no chance for an agreement on this issue.

Also Tuesday, Prime Minister Tsipras said his government creditors in the night sent a comprehensive, realistic reform plan.

Greece not only has until June 5 to pay back another tranche of its debt to the IMF in the amount of approximately 300 million euros; by the end of the month of the IMF should receive about 1.55 billion euros.

On Tuesday, an anonymous representative of the Greek authorities said that Athens will pay on Friday, the installment due if an agreement is reached with the creditors of Athens, giving at the same time to understanding – according to Reuters – that otherwise Greece could not pay this sum in the agreed deadline.

IMF spokesman William Murray warned earlier that Greece will be ineligible for financing from the Fund if it does not pay in installments.