Sentences with phrase «greek debt deal»
Investors are still wary about the potential Greek debt deal since Finland's finance minister, Jutta Urpilainen, stated that she was uncertain that Greece's next payment would be approved during the meeting.
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The Greek government believes a deal with international creditors on its current debt pile is just around the corner.
They called for immediate steps to reopen banks and said any deal must address debt sustainability - code for reducing Athens» crushing debt - but gave no hint of concessions from the Greek side towards its creditors» demands for deep spending cuts and far - reaching reforms of pensions and labour markets.
Three days before Greeks were due to go to the polls to say Yes or No to a now defunct bail - out deal, the IMF released its «debt sustainability analysis» for the country.
George Osborne, who was in Brussels for the talks, said he welcomed the deal, which aimed to put Greek debt on a sustainable level.