Greece will present its economic reform plans on Monday to seal a euro zone financial lifeline, but the government drew criticism from a veteran leftist and ruling party member that the deal let voters down. Germany, the biggest contributor to Greece's two bailouts totaling 240 billion euro, said any extra spending on Athens' list of reforms had to be offset by savings or higher taxes. After a climbdown in Brussels to win the conditional four-month agreement, the government of Prime Minister Alexis Tsipras declared the reform list would at least be decided by Greeks, in contrast to the austerity policies dictated by foreign creditors since they bailed out Athens in 2010. "The list will include a series of reforms that the Greek government will propose - and I underline that," said government spokesman Gabriel Sakellaridis.
via Business News http://ift.tt/1a3ZudA
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