Greece can pay wages and pensions but needs deal by end of MayStaff writer ▼ | May 19, 2015
Greece's government will be able to pay wages and pensions in May but needs an agreement with creditors by the end of the month because of its cash crunch, the government spokesman said.
Greece "There should be a solution in May"
He ruled out a levy on bank deposits to raise cash and said the government would not sign a third bailout programme.
Sakellaridis said the government was sticking to its "red lines" in negotiations with lenders, which he listed as avoiding pension cuts, having an economic growth plan, a suitable primary surplus target and debt restructuring. ■