This is the plan Greece turned down at May 22 EuroGroup

This is the plan Greece turned down at May 22 EuroGroup

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The draft plan offered to the Greek government during the May 22 EuroGroup included huge primary surplus targets (3.5% of GDP until 2022 and 2.2% from 2023 to 2060). The plan also had no reference to the prospect of Greece entering the ECB’s quantitative easing program. Following is a photo of the May 22 EuroGroup plan Greece finally rejected:

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