Greece asked in Brussels within 6 months to repay its European loan

How to restart the Greek economy?

Athens has asked Brussels a further period of six months to repay the European loan. The country wants to pay by the month of August. A comprehensive reform program should then be established.

The proposal Athens promises "balanced budget" and rejects austerity according to a government source.

The finance ministers of the euro zone will meet in Brussels tomorrow. Nothing Greece refuses to implement certain obligations of the Eurogroup, as the increase in VAT or the relaxation of labor law.

But a lack of compromise may precipitate the country out of the euro zone.

A series of laws to be presented to Parliament today to loosen the grip of rigor, following the election of a new president, conservative European profile.

The ECB has come once again to the rescue of countries deciding to extend for two weeks the emergency loan facility to banks, with a ceiling of 68.3 billion euros.