Surprise Me!

Greece increasingly isolated as it digs in heels over bailout

2015-02-06 30 Dailymotion

Greece is looking increasingly isolated as Athens insists it will not accept a continued bailout to avoid bankruptcy because that includes the hated austerity measures. <br /><br /> The Americans are the latest to cold shoulder the leftist-led government.<br /><br /> After a team of US treasury officials met Finance Minister Yanis Varoufakis, Washington said he should work cooperatively with Europe and the International Monetary Fund and push ahead with reforms.<br /><br /> Varoufakis will outline his plan to reform the economy and get Greece’s public finances back on track at a meeting of eurozone finance ministers next week.<br /><br /> He says no more international bailout programme: “The bailout means an ongoing recession and an unbearable and an unsustainable debt.” <br /><br /> Instead of an extension to the current bailout, he wants a “bridge agreement” before presenting a new proposal.<br /><br /> The other eurozone finance ministers are adamant that Greece must stick to its commitments – including austerity.<br /><br /> Eurozone officials say G

Buy Now on CodeCanyon