Greece intends to present a fresh austerity plan Friday and expects its next aid tranche to flow, a government official said, after Moody’s cut the country’s credit rating deep into junk territory. The budget plan will include a faster pace of privatization and 6.4 billion euros ($9.2 billion) of new savings including some tax rises, to eat into Greece’s debt mountain, the senior official told Reuters Thursday.
Risk Our Money Not Yours | Get 50% Off Any Account
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply