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Europe Daily Bulletin No. 11315

16 May 2015
ECONOMY - FINANCE - BUSINESS / (ae) greece
Reaching agreement before cash runs dry

Brussels, 15/05/2015 (Agence Europe) - On Thursday 14 May, Greece and its institutional lenders committed to a new round of talks with the 'institutions' (European Commission, ECB and IMF) on reforms to be introduced in Greece ahead of the payment of around €300 million in aid from the IMF, due on 5 June.

The teleconference technical discussions aired the differences between the parties on the scale of budget adjustment to be carried out, which will determine the scale of the measures to...