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Prime Minister Alexis Tsipras said any deal must address

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Prada Replica Handbags “We think they are necessary elements of a deal so that we don't once again have the problems of the past.”Greece has offered concessions including tax measures to plug a fiscal gap this year and selling state assets to appease its lenders.Prime Minister Alexis Tsipras said any deal must address Greece's long term funding troubles and include a “bold” investment programme rather than imposing more pension cuts.But in a sign of the pressure facing Athens, Germany's central bank said the Greek government, which took office in January promising to roll back years of bitter austerity www.replicapradabagsonsale.com, needed to honour past reform pledges to stave off insolvency.”A sustainable solution is not possible without substantial reform in Greece,” the Bundesbank said. Ten year yields GR10YT=TWEB rose 76 bps to 11.54 percent.Sakellaridis said public sector salaries and pensions would be paid this month but made clear cash was running out.”There should be a solution in May so we can resolve our liquidity issues,” he told a news conference.Greece has been in talks with its creditors over the past four months about the release of some 7.2 billion euros in aid, and there is a growing feeling that the end game is at hand. The labour minister told reporters that restoring collective bargaining rights for unions should also be included in any deal.”Running on Fumes” Greek newspaper To Vima said the European Commission had prepared a possible compromise, proposing that creditors should accept a lower primary surplus target from Greece in return for tax reform and a hike in sales taxes.The report lifted the Athens stock market, but the Commission in Brussels and the Greek government both denied any knowledge of such a proposal.Although the negotiations have progressed slowly, the European Union's monetary affairs chief said earlier on Monday that the two sides had narrowed their differences and praised Athens for being more constructive on privatisations.”We have moved closer to common understanding on reforms to be adopted in a number of areas,” European Economic and Monetary Affairs Commissioner Pierre Moscovici told reporters in Berlin, citing Greece's value added tax system, its independent revenue administration and the control of non performing loans.But he also saw a rapidly closing window of opportunity Prada Replica Handbags.

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He has suffered so very little

Wish both the greats all the best