The final agreement on the pension and social security reforms that Greece proposes and wants to implement will reflect compromises for both Greece and its lenders, Economy Minister Giorgos Stathakis.

In an interview with Greek daily Real News which was published on Sunday, he said the government has chosen to push for a deeper reform that will ensure the viability and the redistributive character of the system.

As for the non-performing loans – also known as “red loans” -, Mr. Stathakis said the Greek government is “trying to find socially just solutions beyond those the market applies, which will be able to deal with the existing problem of the “red loans” which are today prohibiting the banking system from returning to normal lending conditions.”