Wednesday, 24 June 2015

Tsipras Summoned to Brussels for Emergency Talks over Greek Bailout Deal

THE GUARDIAN: Greek prime minister travels to meet creditors to thrash out differences over his proposed cuts to try to avoid eurozone’s first default

Greece’s prime minister, Alexis Tsipras, is to travel to Brussels on Wednesday for critical talks with the country’s creditors as the outlines of the latest proposed deal to avoid bankruptcy threatened to unravel, worsening the intractable crisis.

In advance of the third meeting of eurozone finance ministers in less than a week, Tsipras was summoned to the office of Jean-Claude Juncker, the president of the European commission, to try to thrash out remaining differences.

Christine Lagarde, the head of the International Monetary Fund, Mario Draghi, the president of the European Central Bank, and Jeroen Dijsselbloem, the Dutch finance minister who runs the Eurogroup committee of finance ministers, are to confront Tsipras over his tax raises and spending cuts tabled on Monday in the hope of securing more bailout funds and avoiding default next week. » | Ian Traynor and Jennifer Rankin in Brussels and Helena Smith in Athens | Tuesday, June 23, 2015