Greek officials from the Ministry of Labor took part in a teleconference with technical representatives of Greece’s creditors of the so-called Quartet. They appeared ready to harden their stand, calling for more cuts while also expression their objections to the national pension rate.

New pension rates are at 65-67% of wages, whereas the creditors had called for these to be not be more than 55%.

They said that they would return to Athens only when they recieve a comprehensive data concerning the proposals of Labor Minister George Katrougalos. A fiscal goal aimed at economizing 1.5% of the GDP is sought for the period from 2016-2018.

On its part the Labor Ministry tried to address leaks concerning demands for cuts to main pensions by downplaying creditors demands.