First Bailout Glitches Appear, As Greece Is Already Trying To Renegotiate Bailout Terms

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Interesting Reuters story via ForexLive

Greece is trying to renegotiate the terms of a drastic pension reform required under the terms of an economic rescue deal agreed this month with the EU and the IMF, senior government officials said.

In the first sign of glitches over the 3-year bailout plan, officials said they wanted the EU and IMF to agree full pensions should be payable after 37 years of contributions instead of 40, as set out in the deal, and allow the reform to be implemented later than foreseen.

Definitely something to watch

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