Greece willing to compromise with EU, IMF

Athens

GREECE is willing to compromise to reach a deal with its EU-IMF creditors that is acceptable to both sides and is ready to negotiate until the end of June to achieve this, the government said on Monday.

The comments struck a more conciliatory note after Prime Minister Alexis Tsipras's outright rejection of a proposal from lenders last week, and suggested Athens is willing to make concessions despite anger within the ruling Syriza party over the austerity cuts needed to secure a deal.

Mr Tsipras rejected on Friday as "absurd" creditors' terms for a cash-for-reform deal to keep Greece from default, prompting an angry response from European Commission president Jean-Claude J…