The Traderszone Network

Published in TZ Latest News 7 May, 2015 by The TZ Newswire Staff

Greece says sticking to ‘red lines’, wants concessions from lenders

Greece’s government is sticking to its non-negotiable “red lines” on labour and pension issues and expects its EU and IMF creditors also to make concessions to reach a deal, the government spokesman said on Thursday. Greece’s new leftist government has said further cuts to pension payments and reforms making it easier to fire workers in the private sector are among “red lines” it will no cross. “There should not be an expectation on the part of institutions that the government has to back down on everything in order to have a deal,” Gabriel Sakellaridis told a news conference.

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