Greece mulls extra cuts to clinch EU-IMF debt talks

Afp, Athens

Greece is examining a proposal by its creditors for additional cuts in return for debt relief, a government source said Monday as reform talks with senior EU-IMF officials were due to resume.

"Among various proposals... is one for additional measures decided now, but applied only if we do not (meet 2018 fiscal targets)," the source said.

"The Greek government has not accepted this proposal, and its final position will depend on the entire package, which will evidently include debt relief," the official added.

Another source close to the talks said the move was designed to overcome IMF reservations to economic forecasts put forward by Greece and the Europeans, which it deems too positive.