It is D-Day for Greece which is on a collision course with the eurozone on its bailout. <br /><br /> The Athens government wants a new deal over repaying its debts, without the agreed austerity measures and is putting its proposals to mostly hostile Eurogroup finance ministers at a meeting in Brussels. <br /><br /> Finance Minister Yanis Varoufakis has refused to rule out a standoff with his country’s creditors.<br /><br /> Speaking in parliament he said: “We’re not seeking a clash. We will do everything to avoid it, but if you’re not willing to even consider a clash, you’re not negotiating.”<br /><br /> He has proposed a six-month transition during which Greece wants to be allowed to issue more short-term treasury bills as well as run a smaller budget surplus and receive European Central Bank profits on Greek bond holdings.<br /><br /> In the Greek capital people were hoping for the best, but fear the worst.<br /><br /> One man was fatalistic saying: “What the European Union says is what will be done. ‘I give you money, you will do as I say’.
