Juncker: We are centimeters from a Greek agreement – Business World

     Jean-Claude Juncker (center), President of the Commission, together with ECB President Mario Draghi (right) and European Council President Donald Tusk (left). Photo: All over the press
     

European Commission President Jean-Claude Juncker, will submit new proposals at midday on Monday to try to avoid a Greek default and it is just “centimeters away” an agreement.

It stated the EU’s economy commissioner Pierre Moscovici in a radio interview on Monday, according to Dow Jones Newswires.

The European Commission’s door is said to be open to resume talks with Greece and there are ” room for negotiation, “he continued.

The negotiations between Greece and its creditors ended on Friday and Greece have a payment to the IMF of 1.55 billion euros on Tuesday. The same day, at the current financial rescue package for Greece.