Tsipras turns on Greece creditors

Greek pensioners fear being hit further by austerity measuresGreek Prime Minister Alexis Tsipras has criticised Greece’s international creditors for failing to accept his government’s latest reform proposals.

He said this never occurred with similar measures put forward by other states negotiating bailouts, suggesting creditors might not want a deal.

There are also reports that Greece has rejected an IMF counter-proposal seeking more pension and spending cuts.

Mr Tsipras’ remarks came as he prepared for fresh talks to secure a debt deal.

Greece must repay €1.6bn (£1.1bn) to the International Monetary Fund (IMF) by the end of the month, or face default and possible exit from the EU.

Eurozone finance ministers are due to finalise a deal on Wednesday evening.

On Wednesday, the ECB again increased additional emergency funding for Greek banks to stave off fears of a bank run – the fifth time in eight days it has done so as fearful savers withdraw up to €1bn a day from domestic banks.

Only once agreement is reached will creditors unlock the final €7.2bn tranche of bailout funds.


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