Greece’s Plan Presented to Finance Chiefs

Greece’s month-old government is about to find out whether a package of new economic measures sketched in recent days is enough to win more funding from the rest of the euro region to keep the country solvent.

A draft list was sent to creditor institutions on Monday, based on a provisional agreement on Feb. 20. A Greek government official said the policies will be provided to the euro-area group of finance ministers on Tuesday before they discuss on a conference call whether the commitments go far enough.

“I am very confident,” Dutch Finance Minister Jeroen Dijsselbloem, who is president of the group, said in an interview at an event in Tilburg, the Netherlands, on Monday. “The Greek government has been very serious, working very hard the last couple of days. We need it to be strong enough to work on the next couple of months. I am always optimistic.”

Bloomberg

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