Sentences with phrase «reform deal with creditors»

German Chancellor Angela Merkel and French President Francois Hollande, the euro zone's most powerful leaders, said Athens must move quickly if it wants to secure a cash - for - reform deal with creditors and avoid crashing out of the single currency.

Not exact matches

It's very clear that the Greek government will just end up caving every time its creditors ask new reforms of this government, and just recently they came up with a deal for another round of funding to ensure the government is signed up to what the creditors demanded.

After a day of marathon talks on Monday, leaders from Greece's 18 fellow euro - zone countries agreed that Tsipras's government was finally getting serious about striking a deal after it submitted a set of reform measures that began to converge with the terms demanded by creditors.