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Greece PM Tsipras says proposals in, ball now in EU leadership court

Published 06/22/2015, 07:45 PM
Updated 06/22/2015, 07:48 PM
© Reuters. Greece PM says proposals being discussed

Investing.com - Greece's Prime Minister, Alexis Tsipras told reporters late Monday that proposals submitted to creditors to resolve the country's immediate debt obligations are aimed at fairness and that they should be adopted.

"I will use a term the EU leaders are using: the ball is now on EU leadership court," he concluded.

He made the remarks after the Emergency Eurozone summit in Brussels, adding that deliberations will continue for "a few more days" in order to secure the best possible deal for Greece.

"We tabled our proposals to the institutions with counter measures which have as social justice as a prime target," he said. "For the first time the burden does not go to the employees and the pensioners or the average family. For the first time those who can, will lift the burden in order to exit the crisis once and for all."

"Our proposals have been accepted as the basis for negotiations but the talks need to continue in the next few days just because we do not want a partial and limited agreement," he said.

"We want an overall and viable agreement which will be accompanied by a strong and front-loaded growth package and at the same time will make economy sustainable."

Tsipras added that "this means that our target is to completely secure the country's funding needs in the medium term" and that "our criterion is economic viability and sustainable debt and a strong and front loaded growth package."

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