Greece urges creditors to compromise as IMF payment date nears

Athens

GREECE has urged the country's creditors to compromise on demands to break an impasse over the release of funds for its cash-strapped economy, as a deadline looms for payments due next month to the International Monetary Fund (IMF).

A day after Prime Minister Alexis Tsipras said Greek society can't absorb any more austerity measures, Finance Minister Yanis Varoufakis said his government has met the euro-area and IMF three-quarters of the way, and that it's up to creditors to cover the remainder.