Greece's finance minister said he had agreed changes to a five-year austerity package with EU-IMF negotiators, as European leaders gathered in Brussels for their own crisis summit.
In Athens, Evangelos Venizelos, the country's new finance minister, said the changes included a raft of new taxes designed to plug a €5.5bn (£4.87bn) gap in the internationally-imposed austerity programme.
The Greek government had struggled to close a black hole in the austerity plan, and the new measures will face a key vote in the Greek parliament next week.
In Brussels, Europe’s political leaders will gather again today to discuss plans to avert the eurozone’s first ever default, which could be just days away.
The leaders urged Greece’s politicians and people to unite behind a €28.4bn programme of tax rises, austerity and privatisations.
Mark Rutte, the Dutch prime minister, said: “we will ask the leaders and citizens of Greece to rise to the occasion and do what must be done.” He added: “It’s going to be difficult and painful but it’s the only way out of this crisis.”
The Telegraph
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