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Greece urges creditors to compromise as IMF payment date nears

Published Sun, May 24, 2015 · 09:50 PM
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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.

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