EU Commission says lenders reach deal with Greece on reforms
BRUSSELS (Reuters) - The European Commission said on Saturday Greece had reached a deal with its international lenders on a package of reforms. The Commission said Greece would present the reforms at a meeting of euro zone finance ministers, known as Eurogroup, on May 24 and would implement the reforms ahead of another meeting on June 21, without giving further details
BRUSSELS (Reuters) - The European Commission said on Saturday Greece had reached a deal with its international lenders on a package of reforms.
The Commission said Greece would present the reforms at a meeting of euro zone finance ministers, known as Eurogroup, on May 24 and would implement the reforms ahead of another meeting on June 21, without giving further details.
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The country is close to emerging from a sovereign debt crisis that plunged the economy into its biggest depression in decades, threatening to rupture the euro zone. It has received a record 260 billion euros in repeated bailouts since 2010.
(Reporting by Robert-Jan Bartunek; Editing by Jon Boyle)
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