Eurozone finance ministers delivered a stark warning to Greece on Friday that its Leftist government will get no more aid until it agrees to a complete economic reform plan, as Athens lurches closer to bankruptcy.
After a tough morning of talks with Greek Finance Minister Yanis Varoufakis, the chairman of the Eurogroup of finance ministers, Jeroen Dijsselbloem, slammed the door on a request for early cash in return for partial reforms.
He also said a remaining e7.2 billion (R95bn) in frozen bailout funds would no longer be available after June, and Greece’s creditors would not talk about longer-term funding and debt relief until Athens agreed to a comprehensive and detailed list of reforms.
Reuters