Greece’s prime minister negotiated late into the night Tuesday with the country’s international creditors, finalizing a proposal for new austerity measures to avoid a disastrous bankruptcy.
Prime Minister Lucas Papademos kept talking with senior debt inspectors from Greece’s bailout creditors — other countries that use the euro and the International Monetary Fund — which meant his meeting with Greek party leaders was postponed until Wednesday.
A government official said a draft agreement on the austerity deal would be finalized during Papademos’ meeting with the debt inspectors, and forwarded to party leaders for scrutiny early on Wednesday.
“It took much longer than expected,” the official told the AP, speaking on condition of anonymity due to the sensitivity of the talks.
The impending cutbacks have angered Greek unions, who organized a nationwide strike Tuesday that stopped train and ferry services, closed schools and banks and put state hospitals on short staffing.
(source: AP)
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