REPORT: Greece just laid down its plans for another 3-year bailout

The Greek government just laid down its plans for another bailout to its European creditors.
According to The Wall Street Journal, Greece is asking for a three-year bailout from the European Stability Mechanism (ESM), more often known as Europe’s bailout fund.

 

A document seen by The Journal reportedly contains promises to “implement tax reforms and pension changes as early as next week.”

 

We’re yet to hear further details of Prime Minister Alexis Tsipras’ proposal, which comes after his resounding win in Sunday’s referendum, with more than 60% of Greek voters rejecting the existing proposed bailout deal.

 

Read More: REPORT: Greece just laid down its plans for another 3-year bailout – Business Insider