Greek political leaders carry on with austerity talks
Leaders from the three Greek political parties that collectively form the country’s coalition government said they would continue talks on further austerity measures to salvage the country’s bailout program following a two-hour meeting on Monday, Reuters reports.
Those aligned with Prime Minister Antonis Samaras are hoping to delay the unpopular cuts by another two years despite objections from lenders. The parties have agreed to most of the $14.7 billion in cuts demanded by the European Union and the International Monetary Fund, though implementation of those cuts remains a point of contention.
Leaders from the three Greek political parties that collectively form the country’s coalition government said they would continue talks on further austerity measures to salvage the country’s bailout program following a two-hour meeting on Monday, Reuters reports.
Those aligned with Prime Minister Antonis Samaras are hoping to delay the unpopular cuts by another two years despite objections from lenders. The parties have agreed to most of the $14.7 billion in cuts demanded by the European Union and the International Monetary Fund, though implementation of those cuts remains a point of contention.