Friday, June 26, 2015

The Greek government has rejected a proposed five-month extension of the country’s bailout accord, Helena Smith reports from Athens. Greek officials have turned down the deal. “The text that was given to the Greek side is worse than the memorandum,” one was quoted as saying by the Athens news agency.  Government sources have lashed out at the “unacceptable” tactics employed by interlocutors representing foreign lenders at the EU, ECB and IMF. There are reports, says Helena, that prime minister Alexis Tsipras is making a speedy return to Athens....Donald Tusk and Jean-Claude Juncker have finally held their press conference. Here are the main points:  European council head Tusk said there are three days left to strike a deal with Greece, and we are very close to the day when the game is over. Both struck a conciliatory tone, responding to earlier comments by Tsipras who accused creditors of “blackmail and ultimatums”. European Commission president Juncker denied that the eurozone had issued an ultimatum to Greece.
Juncker also said that progress had been made in the debt talks, adding that there is a real chance of concluding an agreement. 

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