Still no deal as marathon Greek bailout talks go on into the night
- 9 years ago
Eurozone leaders have argued late into the night with near bankrupt Greece at an emergency summit in Brussels.
They are trying to thrash out a deal that will open talks on a financial rescue to keep the county in the euro zone.
Leftist Prime Minister Alexis Tsipras has been told to push legislation through parliament to convince his 18 partners in the euro zone to release immediate funds of 19 billion euros to avert a state bankruptcy and start negotiations on a third bailout programme estimated at up to 86 billion euros.
At one point an option enabling Greece to leave the eurozone temporarily if a bailout is not agreed was being put forward by Germany, Greece’s biggest creditor.
Our reporter Sandor Zsiros,who is in Brussels says: “According to leaked information the German proposal of a temporary Grexit is now off the table. However the creditors may well ask for more privatisation and more reforms in return.”
Any deal – if one is reached – will have to be ratified by Gr
They are trying to thrash out a deal that will open talks on a financial rescue to keep the county in the euro zone.
Leftist Prime Minister Alexis Tsipras has been told to push legislation through parliament to convince his 18 partners in the euro zone to release immediate funds of 19 billion euros to avert a state bankruptcy and start negotiations on a third bailout programme estimated at up to 86 billion euros.
At one point an option enabling Greece to leave the eurozone temporarily if a bailout is not agreed was being put forward by Germany, Greece’s biggest creditor.
Our reporter Sandor Zsiros,who is in Brussels says: “According to leaked information the German proposal of a temporary Grexit is now off the table. However the creditors may well ask for more privatisation and more reforms in return.”
Any deal – if one is reached – will have to be ratified by Gr