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Varoufakis said Greece has 'bent over backwards' to stay in the euro (Photo: The Council of the European Union)

Greece says creditors’ demands 'absurd'

Greek finance minister Yannis Varoufakis told Irish radio on Friday (26 June) morning that creditors’ ideas for deeper pension cuts are “absurd”.

“We have 1 million families, where the whole family, parents, grandparents, grandchildren, are living off the single pension of one grandparent. To suggest it would be preferable to reduce that single pension is utterly absurd and it’s a position I’m simply not prepared to put to my parliament.”

With creditors’ and Greek proposals flyin...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Varoufakis said Greece has 'bent over backwards' to stay in the euro (Photo: The Council of the European Union)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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