World Economy

Greece Close to Deal

 Greece Close to Deal Greece Close to Deal

Greek Prime Minister Alexis Tsipras said the country was close to a default-saving reform deal but called on EU-IMF creditors to withdraw “absurd” demands for further austerity cuts after ducking a loan repayment to the International Monetary Fund, AFP reported. “I believe we are now closer than ever to a deal,” Tsipras said in a speech to parliament as he faced criticism from the opposition on the state of the negotiations. But Tsipras insisted that any agreement had to include debt relief in order to be a “definitive” solution to the Greek crisis, and he rejected proposals made by the country’s international creditors this week.