The Greek government has unveiled plans for a €13 billion austerity budget in a last-ditch attempt to secure a debt deal with its EU creditors.
The proposal sent to Brussels Thursday evening (9 July), sets out plans to save around €13bn, far more severe than the package of €8 billion of spending cuts and tax rises contained in the proposal rejected by Sunday's referendum.
It has also been submitted to the Greek parliament and is set to be debated and voted on Friday,
It cont...
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Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.