Greek PM Tsipras Remains Confident of EU Deal

Greek Prime Minister Alexis Tsipras told Reuters on Thursday he was “firmly optimistic” his government would reach an agreement with its creditors by the end of April despite friction over issues such as pension and labor reform.

In a statement, Tsipras said several points of agreement had been found since talks first started, especially on areas such as tax collection, corruption and distributing the tax burden towards those who most able to pay.

But he acknowledged that the two sides disagreed on four major issues: labor rules, pension reform, a hike in value-added taxes and privatizations, which he referred to as “development of state property” rather than asset sales.

CNBC

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.