Tsipras' letter: a new offer to the creditors for a greek deal


News hit the wires this morning after Alexis Tsipras sent a letter to the Troika (EU, ECB, IMF) making a new offer on the basis of the last proposals of the creditors, with barely a few exceptions on certain red-lines Greece still refuses to cross.

On his letter, Tsipras says Greece is “is prepared to accept this Staff Level Agreement subject to the following amendments, additions or clarifications, as part of an extension of the expiring EFSF program and the new ESM Loan Agreement”. The main points Tsipras and his government still stand for are basically the VAT discount on islands, some gradual fiscal structural measures and a more gradual phase-out of the EKAS pension program.

You can read the full Tsipras letter to the creditors here:

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