Creditors stop the talks with Greece

Commented Creditors International, the European Union and European Central Bank and the IMF, their discussions with Greece, warning that they may not get the third wave worth 9.49 billion dollars from the package saved from the debt crisis, if it did not achieve the objectives underlined in the austerity program and prevent a deficit of an additional in the budget year.
The troika (three institutions) had ended abruptly on Tuesday talks with the Greek government and left the country to be the resumption of talks after 10 days, came this warning from creditors after it became clear that the budget deficit this year, you'll be expected at about $ 1.7 billion.
Added to this is given to show that Athens is unable to implement structural economic reforms and privatization program and improving tax collection, expected to be decided by European finance ministers and the IMF do would stop paying for Greece, with the will of that - if passed - from the serious implications of the inability of Athens on the repayment of debt.
Angry creditors
Although the joint statement of the Troika delegation pointed out that his departure from Athens was to provide an opportunity for the authorities there to complete some of the technical aspects with regard to the budget 2012 and the structural reforms needed to stimulate economic growth, but European officials have expressed anger at the inability of Greece on the implementation of reforms, fiscal and structural agreed .
One of the most needed reforms to reduce the number of public sector employees and reduce their wages to receive between 60 and 70% of current wages, after Athens and has agreed to reduce the number of employees by about 150 thousand, they have not achieved significant progress in achieving this goal.

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