Arab Today, arab today still fighting for a bailout deal
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

Greece's Yanis Varoufakis:

Still 'fighting' for a bailout deal

Arab Today, arab today

Arab Today, arab today Still 'fighting' for a bailout deal

Greek Finance Minister Yanis Varoufakis
Brussels - Arab Today

Greek Finance Minister Yanis Varoufakis said on Saturday Greece was still fighting to reach a bailout deal with its EU-IMF creditors, despite a flat refusal by its eurozone partners to extend its rescue programme beyond June 30.

"In this crucial moment, we are still fighting for a deal up to the last moment. I do not want to speculate on failure," Varoufakis told reporters after a meeting with his eurozone counterparts.

If a deal is reached, Varoufakis said his anti-austerity government would "urge the Greek people to vote yes" on the bailout in a July 5 referendum called by Athens late Friday.

Varoufakis also warned that the refusal by Greece's eurozone partners to extend its bailout brought permanent damage to the single currency as a whole.

"The refusal of the Eurogroup today to endorse our request for an extension of this agreement for a few days or a couple of weeks... will certainly damage the credibility for the Eurogroup as a democratic union and I am very much afraid the damage will be permanent," Varoufakis said.

The minister added that the question in the referendum would not be about Greece remaining in the eurozone.

"It's not about the euro. Let me remind you there are no provisions on leaving the euro. Any question put to the people of Greece, euro or exit, would violate any fundamental treaty of the EU."
Source: AFP

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today still fighting for a bailout deal Arab Today, arab today still fighting for a bailout deal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today still fighting for a bailout deal Arab Today, arab today still fighting for a bailout deal

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday