Greece will take full responsibility for the extended reform plan – German Chancellor Merkel

FXStreet (Mumbai) - Greece has agreed to present an extended reform plan within the next few days, in order to receive additional funds to save the country from defaulting on its massive debt obligations.

German Chancellor Angela Merkel and EU key leaders met with Greek Prime Minister Alexis Tsipras at a "mini-summit" on the sidelines of the regular two-day summit on Thursday night in talks that ended only early Friday.

Key Quotes:

"Based on how the conversation took place, I hope that this list of reforms will also come,"

"The Greek government will take full responsibility for the reforms and submit a list of these reforms... in the coming days."

"Everything is supposed to be completed quickly and everyone needs to do his or her bit."

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Greece talks heading in the right direction – TradeTheNews

The TradeTheNews Team comments that both EU leaders and Greek PM Tsipras appear to have been pleased with the ongoing Greece talks.
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