Greece and lenders seek to break impasse in reform targets

Greece and its creditors resumed attempts on Tuesday to break an impasse on fiscal reforms as the country's leftist-led government criticised the IMF for keeping quiet about the risks of deeper austerity measures in the discussions with lenders.

Reviews of reforms the Greek government should undertake as part of a multi-billion euro bailout have been beset with delays. The latest hinges on labour and energy reforms, and the level of surplus targets when the credit line expires in 2018.

Greece wants lower primary surplus targets than the 3.5 percent sought by its European partners, a level which implies further austerity on a nation bowed by seven years of recession.

"The position of the Greek government is steadfast on labour issues and fiscal targets," government spokesman Dimitris Tzanakopoulos said.

The IMF, which has yet to decide if it will...

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