Tsipras presses for May debt deal, threatens referendum


  • World
  • Wednesday, 06 May 2015

Greece's Prime Minister Alexis Tsipras arrives at an European Union leaders summit in Brussels April 23, 2015. REUTERS/Francois Lenoir

ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outline deal with international creditors within two weeks, after shaking up his negotiating team and sidelining his finance minister who has infuriated euro zone partners.

Tsipras threatened to call a referendum if lenders insist on demands deemed unacceptable by his leftist government, elected to scrap austerity. But the head of euro zone finance ministers said Greece needed loans urgently and did not have time for such a vote, which would be a costly and destabilising distraction.

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