http://democracynow.org
- Less than a month after the anti-austerity Syriza party swept to victory in
Greece, a major dispute has broken out between Greece's new leaders and European
finance ministers. On Monday, talks between Greece and its European creditors
collapsed amid disagreement over the future of German-backed austerity. Greek
negotiators rejected a deal to extend the terms of the current bailout scheme
with no alterations to the austerity terms. Greece is reportedly now planning to
submit a request to the eurozone to extend a "loan agreement" for up to six
months, but Germany says no such deal is being offered and that Athens must
stick to the terms of its existing international bailout. Lawmakers from the
ruling Syriza party say Greek voters had rejected the terms of the bailout and
that Greece would not be intimidated into accepting them.
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