Reuters news agency cites two separate sources claiming no deal has been reached between Greece and the creditors’ representatives on the measures of pension cuts. The Reuters report essentially denies the report earlier by the Athens News Agency that the two sides had reached a deal on the measure.
Greece’s international creditors seemed likely on Friday to withhold instant approval for its plan to put mandated pension cuts on hold next year, as they wrapped up their first post-bailout inspection of the country’s finances.
The country emerged from the biggest economic rescue in history in late August after almost nine years of austerity. It still owes billions, and is under post-bailout monitoring by the European Union and International Monetary Fund to ensure it does not deviate from fiscal targets.
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