"We have 1 million families, where the whole family, parents, grandparents, grandchildren… are living off the single pension of one grandparent. To suggest it would be preferable to reduce that single pension is utterly absurd and it's a position I'm simply not prepared to put to my parliament," Mr. Varoufakis said, as quoted by the journalist.
Yanis Varoufakis also blasted the European Commission, the European Central Bank, and the International Monetary Fund for "keeping euro states 'in the dark'," the journalist noted.
According to a leaked version of Greece's latest proposal, Athens offered €200 million in military spending cuts, raising the retirement age to 67 by 2022, and increasing VAT revenue from 0.74 percent of GDP/year to 0.93 percent. However, EU creditors have demanded further cuts, expressing their dissatisfaction with Athens.
#BREAKING Creditors' proposal 'cannot be accepted': Athens— Agence France-Presse (@AFP) 26 июня 2015
Greece's latest bailout program expires at the end of June, prompting fears of the "inevitable" Grexit.
"A 'Grexit' is not our goal but would be unavoidable if there is no solution in the next five days," Germany's EU commissioner Guenther Oettinger told the radio station Deutschlandfunk on Friday.
* Greek government official says creditors proposal for five-month extension and funding package is totally inadequate — RTRS— Fabrizio Goria (@FGoria) 26 июня 2015
It still remains unclear whether the German and Greek parliaments will ratify a bilateral deal on Monday, after Athens claim that the "creditors' proposal cannot be accepted."