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Greece offers concessions in talks with lenders

To avert national bankruptcy, PM Tsipras's team makes compromises to enable fresh aid of 750m euro to meet IMF payment on May 12

Published Thu, Apr 30, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Athens

    GREECE'S leftist government on Thursday offered its biggest concessions so far in a race to remove roadblocks in crunch talks with lenders on a cash-for-reforms package.

    Prime Minister Alexis Tsipras's three-month-old government is under growing pressure at home and abroad to reach an agreement with European and IMF lenders to avert a national bankruptcy. A new poll showed over three-quarters of Greeks feel Athens must strike a deal at any cost to stay in the euro.

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