The Greek government hasn’t excluded the possibility of a sudden speeding up of negotiations with the country’s troika of international creditors from the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF). It had been hoped that a decision regarding the end of Greece’s bailout agreement could have been reached by the Eurogroup meeting on December 8, however even if Greece’s exit isn’t officially confirmed, the government believes that the memorandum would at worlst be extended for a month until the fifth review of the Greek economy is completed.

Troika representatives are seeking a reduction to main pensions, the abolition of plans for a 40% contribution to the solidarity fund and an increase in taxes for cigarettes and alcohol. The government had received an e-mail from the troika at around 2 a.m. on Wednesday tht demanded for clarifications on some points as well as a firmer commitment to reforms.

Prime Minister Antonis Samaras has pledged that he will not succumb to pressure and explained that he cannot reduce pensions or change the decision for debt settlement in 100 installments. Furthermore, he cannot agree to tax increases that would hinder growth and cause problems to Greek society.

The IMF doubts the 2015 budget that places growth at 2.9% and calculates a surplus at 3% of the GDP.

German Finance Minister Wolfgang Schaeuble also has a tough line on Greece. GHe says that the Finance Ministers of the euro area will discuss conditions for providing Greece with credit when its current bailout program ends.