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Greek leaders to continue talks on new austerity package Wednesday

(Xinhua)

13:16, September 10, 2012

ATHENS, Sept. 9 (Xinhua) -- Greek Prime Minister Antonis Samaras and the leaders of the two other parties in his coalition government will continue on Wednesday the talks on a fresh austerity package to unlock new vital bailout loans for the country.

A meeting at the premier's office in Athens on Sunday evening ended with no final agreement on the details of the 11.5 billion euro (14.7 billion U.S. dollars) worth package of spending cuts demanded by international creditors, the government announced.

The dialogue will resume on Wednesday, socialist PASOK leader Evangelos Venizelos and Democratic Left leader Fotis Kouvelis told the media upon their exit from Samaras' office, repeating their objections to new painful cuts on pensions and wages for civil servants.

Rounds of austerity measures over the past two years have left low and middle income households suffering from deep recession. Coalition partners have repeatedly said that a part of Greek society has reached its limits.

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