Displaying items by tag: eurogroup

The draft plan offered to the Greek government during the May 22 EuroGroup included huge primary surplus targets (3.5% of GDP until 2022 and 2.2% from 2023 to 2060).

“There is no other proposal other than the one tabled at the EuroGroup”, said a European official in Brussles on Thursday.

Yesterday's Eurogroup came to the worst possible conclusion, confirming information that the German Finance Ministry is not willing to make further concessions on the Greek debt issue at this stage.