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AXA - Our Partner

Don't write the deal off just yet

  • Angela Merkel and Alexis Tsipras agreed on a primary surplus ranging between 1.2% and 1.5% this year and next as well as a privatisation push;
  • they also agreed on independence of the tax collection authority and the statistical office;
  • but they are still apart on labour and pension reforms;
  • they agreed on speeding up the negotiations in the Brussels Group with a chance of an extraordinary eurogroup meeting next week;
  • Angela Merkel said that everything must be done to prevent Greece running out of cash before a deal is reached;
  • Greek MPs are to vote today on bill to allow the state to use the cash funds of public organisations;

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