18:16 GMT18 January 2021
Listen Live
    Get short URL
    Greece's Gordian Knot: Syriza Tackles Austerity (404)
    0 94

    The recently elected left-wing Greece government maintained its position of rejecting the European Commission, the International Monetary Fund and the European Central Bank new bailout terms.

    MOSCOW (Sputnik) — Greece's left-wing government did not agree on new bailout terms in emergency talks with the EU finance ministers in Brussels, known as the Eurogroup, the BBC reported Thursday.

    "We had an intense discussion, constructive, covering a lot of ground, also making progress, but not enough progress yet to come to joint conclusions," Eurogroup President Jeroen Dijsselbloem was quoted as saying.

    Alexis Tsipras, opposition leader and head of radical leftist Syriza party
    © REUTERS / Alkis Konstantinidis
    According to both Dijsselbloem and Greek Finance Minister Yanis Varoufakis, the sides are expected to meet again on Monday.

    Meanwhile, a crowd of up to 20,000 people were reported to gather in Athens late Wednesday to voice support for Greek Prime Minister Alexis Tsipras government's anti-austerity stance.

    The deadline for Greece's bailout program overseen by the so-called troika of international money lenders — the European Commission, the International Monetary Fund and the European Central Bank — expires on February 28.

    The recently elected left-wing Syriza party maintained its position of rejecting the troika's terms and promising to renegotiate its overwhelming debt.

    Greece's Gordian Knot: Syriza Tackles Austerity (404)


    40 Years of Thatcher - But the End May Be in Sight
    Greek Experts Urge Athens to Shun US Weapons in Favor of Russian Arms
    Greek Prime Minister Tsipras Invited to Visit China
    Greek Debt Crisis Poses Risks to British Economy - Chancellor of Exchequer
    Syriza party, European Commission, European Parliament, International Monetary Fund, European Central Bank, Yanis Varoufakis, Jeroen Dijsselbloem, Greece
    Community standardsDiscussion