Bloomberg News

Greek Private Sector Bonus Wages May Not Be Cut, Official Says

February 05, 2012

Feb. 6 (Bloomberg) -- Greece’s international creditors may backtrack on demands for the country to abolish holiday allowances for the private sector, said a finance ministry official.

The official, who declined to be named, spoke to reporters after Prime Minister Lucas Papademos met with troika officials, who represent the European Union, European Central Bank and International Monetary Fund.

To contact the reporter on this story: Marcus Bensasson in Athens at

To contact the editor responsible for this story: Natalie Weeks at

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