New Greek government seeks far-reaching changes to bailout deal

SUNDAY, JUNE 24, 2012
New Greek government seeks far-reaching changes to bailout deal

Athens - Greece's new conservative-led government is seeking far-reaching changes to bailout conditions agreed with international creditors, according to its coalition agreement published Saturday.

At the same time, the document showed that the ruling parties – conservative New Democracy, Socialist PASOK and the Democratic Left – want to keep Greece in the eurozone.
Inspectors from the European Union, the European Central Bank and the International Monetary Fund are due in Athens on Monday, to check Greece's finances and begin discussions with the new government.
The government planned strategies to encourage growth, but "without endangering the country's European course or its membership of the eurozone," it wrote in the introduction to the coalition deal.
At the same time, the coalition planned to "reverse injustices" that had affected pensions and low-income recipients in recent years.//DPA