ATHENS (Reuters) - The Greek government stuck to demands on Monday that its creditors propose less harsh terms for a cash-for-reforms deal after talks collapsed, bringing Athens one step closer to a default that could tip it out of the euro zone.
The latest in a series of negotiations broke down after the European Commission again dismissed proposals from the Greek side in Brussels over the weekend. Creditors said Athens had failed to offer anything new to secure funding to repay 1.6 billion euros to the International Monetary Fund by the end of June.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
