View full page at forexfactory.com

 

Greece defies euro zone on pension, labor reform

From reuters.com

Greece defied its international creditors on Thursday by sticking to "red lines" on pension and labor market reforms and urging lenders to give ground, dimming prospects of progress next week toward securing desperately needed financial aid. Despite efforts by European Commission President Jean-Claude Juncker to coax leftist Prime Minister Alexis Tsipras into moving on two key conditions for releasing EU/IMF bailout funds, the Greek government spokesman said lenders could not expect Athens to make all the concessions for a deal. "There should not be an expectation on the part of institutions ... that the government ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News