01.03.2016 - 18:14 [ Keep Talking Greece ]

European lenders & IMF disagree as Greece prepares Pension cuts

Prime Minister Alexis Tsipras assured the Greeks last night, that the representatives of the “institutions” will be in Athens by March 10th. Both the Greeks and the lenders want to close the issue by end of March, then only a successfull program review will release some 5 billion loan to Greece in the context of the 3. bailout. However, the IMF – which has not decided yet whether it will participate in the 3. bailout – insists to reject Greece’s proposals on Pension Reforms. The Fund demands pension cuts from the first euro, Greece wanted to raise social contributions.