Athens rejects new creditors’ proposal. Tsipras: Either they do not want an agreement or they serve specific interests

Athens has given short shrift to a revised set of measures put on the table by the IMF today, after having their latest plan thrown in the bin.

According to Greek media, the Fund put forward plans for deeper pension cuts, double the cuts to defence spending, and less hikes in corporate tax rates.

From the looks of things, this ‘new’ IMF proposal is making the same demands for cuts, which should amount to 1pc in pensions, rather than the 0.4pc put forward by the Greeks. The same goes for VAT which also should be 1pc of GDP this year.

Alexis Tsipras has launched a stinging attack on Greece’s creditors shortly before his departure for Brussels where he is due to meet European Commission president Jean-Claude Juncker, European Central Bank president Mario Draghi and International Monetary Fund managing director Christine Lagarde.

According to government sources, Tsipras is furious with the IMF for refusing to accept the proposal tabled by Greece on Monday.

In response to the persistence of the IMF not to accept financially equivalent measures, Tsipras has said:

“The non-acceptance of equivalent measures has never been done before. Neither in Ireland nor in Portugal. Nowhere! This strange stance may be due to two reasons. Either they do not want an agreement or they serve specific interests in Greece,” Tsipras said, according to a government source.

ANA-MPA, Daily Telegraph

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