×

Greek coalition leaders hold new talks on cutbacks

ATHENS, Greece -- Greece's prime minister is holding another round of talks with his restive coalition partners to try to convince them to accept the last details of an austerity package that the country needs to secure vital rescue loans.

Antonis Samaras said Tuesday that "at some point, we have to finish" talks on the (EURO)13.5 billion ($17.6 billion) package.

Greek officials say a major sticking point is bailout creditors' insistence on lowering the sum companies pay workers they fire and scrapping automatic salary increases.

The bailout credits are also pressing officials in Athens to lift the life-long job protection that civil servants enjoy.

Democratic Left, one of Samaras' two junior partners, has rejected the demanded labor reforms. The three have held nearly a dozen such meetings since July.