Pittella: IMF’s demands for additional measures are unacceptable

The International Monetary Fund’s demands for more measures by Greece are unacceptable and could affect negatively the country’s political stability and economy, said Gianni Pittella, the leader of the Socialist group in the European parliament, after a meeting with Alternate Foreign Minister George Katrougalos in Brussels on Tuesday.

“We’re convinced that the deadlock between Greece and its creditors is counterproductive for the European Union,”

Pittella said, adding, “the demands made by the IMF for additional measures which the Greek government will have to legislate in advance for the 2019 budget are unacceptable and could affect negatively Greece’s political stability and ruin its economic prospects.”

He also stressed the need to implement radical reforms in public administration and Justice as a condition for a new productive model.