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17%  
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Keyword: debtdeadline

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  • Greece's Tsipras summons cabinet as debt deadline nears (Euro zone partners ratchet things up)

    06/26/2015 12:40:01 PM PDT · by NormsRevenge · 2 replies
    Reuters on Yahoo ^ | 6/26/15 | Renee Maltezou and Jan Strupczewski
    BRUSSELS/ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras summoned an urgent meeting of his cabinet on Friday after euro zone partners warned Athens it had until the weekend to accept a cash-for-reform deal or plunge towards default. Despite angry rhetoric and accusations of "blackmail", negotiations were continuing in Brussels to find a last-ditch compromise to keep Greece in the euro zone to avoid a political train-wreck, economic chaos and financial market disruption. ... He said there was no foundation for the increasing speculation in Athens that Tsipras could call snap elections if a deal cannot be reached. ... In a...