Home » Business » Tsipras: We will not reduce pensions and salaries – 2024-09-04 12:48:13

Tsipras: We will not reduce pensions and salaries – 2024-09-04 12:48:13

/ world today news/ Greece will not reduce pensions and salaries despite difficult negotiations with international creditors, Prime Minister Alexis Tsipras said.

“Some people should not think that over time Greece’s endurance will be tested and the red lines will fade. If they think so, they better forget this idea, it will have the opposite effect,” Tsipras said.

The ruling SYRIZA party has been in tough negotiations with its creditors from the EU and the International Monetary Fund (IMF) for four months over the reforms required for a new bailout plan to take effect. Finance Minister Yanis Varoufakis said Athens risks running out of cash in the next two weeks if no deal is reached.

Greece must pay 1.5 billion euros to the IMF in June and more than 6 billion euros to the European Central Bank in July and August. /AFP

Athens / Greece

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