Sunday, February 05, 2012
Greek talks end without agreement, will meet again on Monday
by CalculatedRisk on 2/05/2012 03:06:00 PM
A five-hour meeting between prime minister Lucas Papademos and the leaders of the three parties supporting theMore from the Financial Times: Deadlock for Greek austerity talksgovernment ended without agreement on Sunday.
Pasok leader George Papandreou, main opposition New Democracy party leader Antonis Samaras and Popular Orthodox Rally (Laos) party leader George Karatzaferis failed to reach agreement with Papademos concerning the demands of the EU-IMF troika for private-sector wage cuts, further pension cuts, large-scale firing of public-sector staff and major downsizing of the public sector.
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Main opposition New Democracy leader Antonis Samaras made no statements as he left the meeting but indicated the deadlock reached during the meeting during a brief statement to television cameras when he returned to ND's headquarters.
"For the first time, a negotiation is taking place. The country cannot stand more recession. I am fighting with every means to prevent this," he said, confirming that the negotiations will continue on Monday.
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