Italy's Padoan says major progress being made on Greece deal

July 10, 2015 6:56 AM EDT

ROME (Reuters) - Significant progress is being made toward an aid-for-reforms deal between Greece and its creditors, Italian Economy Minister Pier Carlo Padoan said on Friday.

On Thursday Greece presented its euro zone partners with a set of proposals for fiscal and reform measures, sparking professions of optimism over an accord among politicians and a marked upturn in financial markets.

"In these hours we are making important steps forward toward a solution for Greece," Padoan said in a tweet.

"We need an accord which is commonly agreed and aimed toward lasting and sustainable growth. Italy continues to work for this solution," he added.

(Reporting By Gavin Jones)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Forex, Reuters