May
25

Greece Urges Creditors to Compromise as IMF Payment Nears

By

Alexis TsiprasGreece’s Prime Minister Alexis Tsipras during a Syriza party meeting in Athens, May 23. Photographer: Yorgos Karahalis/AP Photo

Greece called on the country’s creditors to compromise on demands to break an impasse over the release of funds for its cash-strapped economy as a deadline neared for payments due next month to the International Monetary Fund.

A day after Prime Minister Alexis Tsipras said Greece can’t absorb any more austerity measures, Finance Minister Yanis Varoufakis said his government has met the euro area and IMF three-quarters of the way so it’s up to creditors to cover the remainder. Interior Minister Nikos Voutsis, who has no economic decision-making powers, went so far Sunday as to say Greece couldn’t and wouldn’t pay the IMF in June without a deal…

Greece Urges Creditors to Compromise as IMF Payment Nears

Share
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.