MOSCOW (Sputnik) — Greece and its lenders, including the International Monetary Fund (IMF), the European Union and the European Central Bank, are currently negotiating a debt relief deal. On Wednesday, the European Commission and the debt-laden country failed to reach an agreement on a bailout package as Athens refused to compromise on unpopular social reforms demanded by the creditors.
"We are looking forward to getting a deal [with the creditors] as soon as possible. The Greek government cannot accept these new proposals put on the table," Stathakis told the BBC radio.
The country has to transfer over $1.7 billion to the fund by June 19.
The country’s outstanding national debt that emerged following the 2008 economic crisis is estimated at some $350 billion.
