Tsipras trying to prove to his people he meant what he promised during election,
also trying to tell world he's reasonable guy.
The Greek crisis...in 2 minutes
The remarkable series of events bring Greece no closer to fixing a crisis that spells disaster for its economy and people.
Tsipras wrote to European leaders and the International Monetary Fund late Tuesday, accepting most of the conditions they had attached to releasing more cash.
"[Greece] is prepared to accept this staff level agreement subject to the following amendments, additions or clarifications," Tsipras wrote, according to a copy of the letter obtained by CNN.
The first change he listed -- and the most significant -- is for Greece to continue levying a lower rate of sales tax on its many islands. Creditors wanted the discount eliminated.
Otherwise, the changes mainly concern slight delays to pension reforms and tax increases that the creditors had demanded.
http://money.cnn.com/2015/07/01/news/economy/greece-bailout-concessions/index.html
also trying to tell world he's reasonable guy.
The Greek crisis...in 2 minutes
The remarkable series of events bring Greece no closer to fixing a crisis that spells disaster for its economy and people.
Tsipras wrote to European leaders and the International Monetary Fund late Tuesday, accepting most of the conditions they had attached to releasing more cash.
"[Greece] is prepared to accept this staff level agreement subject to the following amendments, additions or clarifications," Tsipras wrote, according to a copy of the letter obtained by CNN.
The first change he listed -- and the most significant -- is for Greece to continue levying a lower rate of sales tax on its many islands. Creditors wanted the discount eliminated.
Otherwise, the changes mainly concern slight delays to pension reforms and tax increases that the creditors had demanded.
http://money.cnn.com/2015/07/01/news/economy/greece-bailout-concessions/index.html
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