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Business

Greece rejects creditors' counter-proposal: source

Published: 24 Jun 2015 - 04:08 pm | Last Updated: 12 Jan 2022 - 01:49 pm


Athens--Greece rejected Wednesday a "counter proposal" from its European-IMF creditors that was issued in response to Athens' latest debt plan, a government source told AFP.

Questioned about whether the new EU-IMF plans -- thought to contain even bigger VAT tax hikes and major public spending cutbacks -- had been rejected by Athens, the source replied: "Yes."

AFP