Greece submits 26-page reform plan to get €7.2bn bailout | WHAT REALLY HAPPENED

Greece submits 26-page reform plan to get €7.2bn bailout

The Greek Finance Ministry has put together a 26-page list of policy reforms, which calls for €19 billion in funds this year. The reforms also plan to tackle tax evasion, and propose a €1.5 billion privatization plan.

Greece’s international creditors- the European Commission, International Monetary Fund, and European Central Bank- must OK the detailed reform plan before Greece can unlock its next €7.2 billion in bailout funds and avoid going bankrupt. The Greek government is still hesitant to push through the reforms, as they don't align with hardline promises made back in January.

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