Athens to reportedly offer law envisioning 'automatic' measures, but linked to statistical reports in spring 2017, 2018‏

The Greek government on Tuesday reportedly tabled a "compromise" with institutional creditors in order to avoid legislating a 3.6-billion-euro "contingency package", promising to instead submit a draft bill that mandates automatic, but unspecified, spending cuts in case Eurostat figures in the spring of 2017 and 2018 don't show the country meeting primary budget surplus targets.

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