Euro zone, Greece face off as markets take fright


  • World
  • Tuesday, 10 Feb 2015

Austrian Chancellor Werner Faymann (R) receives Greek Prime Minister Alexis Tsipras in front of a painting of former Austrian Empress Maria Theresia in his office in Vienna February 9, 2015. REUTERS/Heinz-Peter Bader

ATHENS/ISTANBUL (Reuters) - Greece and its euro zone partners engaged in brinkmanship on Monday, with leftist Prime Minister Alexis Tsipras insisting his country would not extend its reform-linked bailout and Germany saying it would get no more money without such a programme.

European Commission President Jean-Claude Juncker warned Greeks not to expect the euro zone to bow to Tsipras' demands in a growing confrontation which spooked financial markets and prompted U.S. and Canadian pleas for calm and compromise.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Ethiopian official hails Chinese investment in textile sector
Rescue efforts continue as death toll reaches 33 in South Africa's building collapse
Zambia seeks 34.7 bln USD to implement climate change adaptation plan
Tanzania strengthens epidemics surveillance through electronic system
Greta Gerwig at Cannes: #MeToo has changed things for the better
Canadian Nobel Laureate Alice Munro dies at 92
Fishing in Lake Tanganyika to be closed for breeding season
4 rescued, several trapped as demolished building collapses in Kenya
South Africa's new Rise Mzansi party sees opportunities in tight election
2 teachers kidnapped in Cameroon's restive Anglophone region

Others Also Read