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Wednesday, June 24, 2015

Greece slams creditors as hopes dim for debt deal - The Malaysian Insider

Greece slams creditors as hopes dim for debt deal - The Malaysian Insider

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  1. Greek Prime Minister Alexis Tsipras lashed out at his country's creditors ahead of critical talks Wednesday, denting hopes of a final debt deal to prevent Athens from defaulting and leaving the euro.

    The leftist leader flew to Brussels for a crunch meeting with the heads of the European Commission, International Monetary Fund and European Central Bank before eurozone finance ministers try to thrash out an agreement.

    But at the last minute Athens said it had rejected new proposals that the EU-IMF lenders had issued in response to the eleventh-hour reform plan submitted by Greece this week to win approval for vital bailout funds.

    Hardline Germany said there was a long way to go before any deal, while eurozone stocks dipped over doubts that an accord will be ready for EU leaders to rubber-stamp at a summit on Thursday.

    "This strange position maybe hides two things: either they do not want an agreement or they are serving specific interests in Greece," Tsipras said just mi
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