NEWS

Greece’s creditors present counter-proposal to bridge gap, sources say

Greece’s creditors have presented new counter-proposals in a bid to bridge differences in negotiations on a reforms deal to unlock aid for Athens, sources close to the talks told Reuters on Wednesday.

The counter-offer came after creditors rejected some of the proposals from Greece, which included a series of tax hikes and higher contributions to pensions to raise revenues to hit budget targets. [Reuters]

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