Lenders finalize proposal, will present to Greece on Wednesday

Brussels – The institutions have reached an agreement regarding the proposal they are going to present to Greece, European officials have told Kathimerini.

They expect to inform Athens about the proposal on Wednesday but it has not yet been decided whether there will be a teleconference with Prime Minister Alexis Tsipras or whether a meeting in person will be arranged.

Either way, creditors are expecting a swift response from the Greek government once the proposal has been unveiled.

European sources also confirm that Greece submitted its own document on Monday night but described it as being vaguer than the proposal put together by lenders.