Greece to Present New Austerity Program

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.

Jasper - The Real Deal!

Risk Our Money Not Yours | Get 80% 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!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.