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Greece to offer no new reforms at crucial Eurogroup meeting

2015-06-16 13 Dailymotion

Greek Finance MInister Yanis Varoufakis has told a German newspaper that he is not planning to present new reform proposals at Thursday’s Eurogroup meeting. That is when Greece’s future in the eurozone will be discussed.<br /><br /> In the interview with Bild he repeated his call to German Chancellor Angela Merkel to give his county a “speech of hope” to signal that Europe is ready to end its demands for austerity.<br /><br /> Athens and its creditors appear to have hardened their positions after talks to avoid a Greek debt default at the end of this month collapsed on Sunday.<br /><br /> During those talks a European Commission spokesman said while progress was made “significant gaps” remained.<br /><br /> Germany and other lender nations have demanded Greece comes to its senses and offers new proposals including pension and VAT reforms.<br /><br /> They want Greece to make spending cuts worth 2 billion euros to secure a deal that will unlock bailout funds.<br /><br /> Greece must repay more than 1.5 billion euros of loans to the Internat

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