Arab Today, arab today german government skeptical about greeces new proposals
Last Updated : GMT 15:30:37
Arab Today, arab today
Arab Today, arab today

German government skeptical about Greece's new proposals

Arab Today, arab today

Arab Today, arab today German government skeptical about Greece's new proposals

German government
Berlin - XINHUA

The German government was skeptical about Greece's latest reform proposals and offered alternative options including a temporary "Grexit", a newspaper reported on Saturday.

The German government regarded Greece's proposals as "missing centrally important areas of reform to modernize the country and to advance on the long term economic growth and sustainable development", thus could "not be the basis for a completely new, three year" bailout program, reported Frankfurter Allgemeine Sonntagszeitung, citing a position paper from German Federal Finance Ministry.

According to the newspaper, the ministry offered two options for Greece to solve its current debt crisis. The first is to improve its proposals quickly and comprehensively and to transfer assets amounting to 50 billion euros (about 55.7 billion U.S. dollars) to a trust fund which could then sell and reduce Greece's debt.

The second is to take a "timeout" from the euro zone for at least five years, during which period Greece could restructure its debt. However, the country will remain in the European Union and receive further "growth-enhancing, humanitarian and technical assistance".

The report came as euro zone finance ministers gathered at Brussels to discuss Greece's latest reform proposals that were submitted on Thursday. It could not be confirmed by German Finance Ministry.

On Friday, the ministry spokesman Frank Paul Weber said finance ministers would discuss the review results of the troika institutions (the European Union, the European Central Bank and the International Monetary Fund) about Greek proposals, and give their recommendations to the heads of states for a scheduled EU summit on Sunday.

"The outcome of the discussion of the Eurogroup finance ministers is totally open," he said

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german government skeptical about greeces new proposals Arab Today, arab today german government skeptical about greeces new proposals

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:03 2017 Thursday ,23 March

Spider Venom May Offer Hope to Stroke Victims

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday