Greece is committed to liberalising its economy, reforming its pension system and running a reasonable primary budget surplus, Finance Minister Yanis Varoufakis wrote on Tuesday, Reuters reported. But it cannot meet requests from its creditors to adopt further austerity measures this year and beyond as this would cripple its ability to carry out the needed reforms, wrote Varoufakis in an opinion piece in Italian daily Il Sole 24 Ore, Shut out of bond markets and with bailout payments suspended, Greece intends to make good on its debt obligations but urgently needs more aid to be able to do so, the government said on Monday. It must repay four loans totalling 1.6 billion euros ($1.75 billion) to the International Monetary Fund next month. Varoufakis said Athens was prepared to implement a series of reforms. -- SPA 11:48 LOCAL TIME 08:48 GMT تغريد
