Greece: Agreement in Athens
2 August 2012
**Fotis Kouvelis, Antonis Samaras and Evangelos Venizelos
“We agreed ... On the outline of the measures ... Details later.”**
After several days of tense negotiations, the three government coalition parties have agreed on a plan of savings amounting to €11.5 billion.
The leaders of Pasok (Socialist) and Democratic Left — Evangelos Venizelos and Fotis Kouvelis — withdrew opposition to measures including slashing wages and pensions. Greek PM Antonis Samaras can now conduct negotiations with the EU-ECB-IMF in order to relax the bailout conditions imposed on the country.