Report: Greece to Submit List of Reforms Tuesday

Greece on Tuesday will submit a list of fiscal reforms to euro zone finance ministers, missing a Monday deadline that was part of its last-minute deal to extend its financial aid, Reuters reported, citing a government official.

The official did not provide a reason for the late submission, but said that the Eurogroup had agreed to accept the reforms on Tuesday. Finance ministers will receive the list Tuesday morning and a teleconference will take place in the afternoon, Reuters said.

Athens will include policies to fight tax evasion and corruption, as well as measures designed to cut bureaucracy and reform the public sector, Reuters said. Measures will also seek to stop the issuance of bad loans and the foreclosure of primary homes.

CNBC

Content 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 Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.