The chances of an
early end to Greece’s standoff with its eurozone partners appeared to be fading
as Germany adopted a hardline approach to easing the debt burden on Athens
ahead of crisis talks in Brussels.
Schäuble’s comments
prompted an instant retort from the Greek government, with a spokesman in
Athens saying that Berlin was also acting irresponsibly.
Pressure is mounting
on the finance ministers from the 19-strong euro group to find a way of
negotiating an extension of Greece’s credit terms before the deadline at the
end of the month.
Tsipras said on Sunday
that he expected the talks to be difficult but that he was confident about a
successful outcome. Greece wants the euro group to ease Greece’s debt burden
and to remove some of the conditions imposed in return for a bailout.
Germany has hinted
that it would be prepared to see some modest adjustment to Greece’s debts but
only if Tsipras continued to abide by the agreements signed by previous
governments.
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