BRUSSELS (Reuters) – Greece’s radical new prime minister Alexis Tsipras was in Brussels on Thursday to lay out his case for more financial help to fellow EU leaders following finance ministers’ failure to narrow differences overnight.
The summit chairman, conservative former Polish premier Donald Tusk, confessed to anxiety about Greece after the newly elected left-wing government, riding a wave of anti-austerity sentiment, refused to sign up to any extension of a deeply unpopular bailout package that expires in just two weeks.
ATHENS/BRUSSELS (Reuters) – Greek Finance Minister Yanis Varoufakis headed for a showdown with euro zone finance ministers on Wednesday after his new leftist-led government won a parliamentary confidence vote for its refusal to extend an international bailout.
The former academic said he was ready for a clash with euro zone paymaster Germany and its allies over Greece’s determination to scrap austerity measures, end cooperation with the “troika” of EU/ECB/IMF officials overseeing the bailout program and demand a “haircut” restructuring its debt.
ATHENS/BRUSSELS (Reuters) – Greek Prime Minister Alexis Tsipras comfortably won a confidence vote on his plan to cancel a deeply unpopular bailout program and challenge European leaders as both sides prepare for a showdown at meetings in Brussels this week.
In a rousing speech to parliament, Tsipras hailed the decisive role “little Greece” was playing in reshaping Europe and promised Athens would not cave in to demands it extend its international bailout “no matter how much” German Finance Minister Wolfang Schaeuble asked for it.