schreef:
Over in Athens reports are coming in that EU commission president Jean-Claude Juncker is poised to propose a new compromise, in a bid to end the stalemate between Greece and its lenders.
Helena Smith writes:
The new proposal is expected to be sent to Athens in the coming hours with well-placed sources not ruling out the Greek prime minister Alexis Tsipras having telephone contact with Juncker this evening.
Newsit is reporting that creditors will offer the olive branch of cuts being made in defence expenditure to help cover the fiscal gap this year - estimated at €2bn by the EU and IMF and €1.5bn by Greece.
The cuts would amount to €250m. But the quid pro quo would be the government overhauling the social security system - and completing axing early retirement schemes.
The proposals would, the Guardian believes, be part of an interim cash-for-reform agreement that would tide the country over the summer.