Greece informed to provide detailed debt plan urgently

April 18, 2015 9:46 PM

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Greece informed to provide detailed debt plan urgently

Greece has been asked to provide a detailed debt plan urgently amid worries over the chances of default. The talks between leaders from Athens and European Union continued in Paris. IMF Managing Director Christine Lagarde and European Central Bank chief Mario Draghi informed that Greece has not yet provided details about how the country plans to manage its finances and debt.

Greece is looking forward to release of $7.8 billion in bailout funds from the European Union. However, European Union leaders are not ready to provide additional funding without receiving a detailed plan from Greece.

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