Brussels, June 23 (RHC)-- European creditors say a deal to prevent Greece from defaulting on its debts could be reached in the next 48 hours.
Greece’s latest offer reportedly includes new taxes on businesses and the wealthy, and a pension reform plan which increases contributions and restricts early retirement but does not change the pension rate.
European Council President Donald Tusk expressed support for the measures, saying: "The new Greek proposals to the three institutions are a positive step forward, according to the initial assessment of the institutions. They will be further assessed over the coming hours."