The war of words between Greece and its creditors took a leap in intensity today, with Greece declaring its debt illegal and odious, and Germany calling the Greek leaders "clowns". Debt Illegitimate, Odiousness, Illegal, Unsustainable
BRUSSELS/BERLIN — Greek Prime Minister Alexis Tsipras called for a speeding up of work to conclude a reform-for-cash deal with eurozone creditors to keep his country afloat after talks with German Chancellor Angela Merkel on Thursday that both sides called constructive.
The leftist Greek premier met the conservative German leader before an emergency European Union summit on migration, a day before eurozone finance ministers meet in Riga to review progress — or the lack of it — in slow-moving negotiations between Athens and its international lenders.
ATHENS/BRUSSELS: Greek Prime Minister Alexis Tsipras spoke to the leaders of Germany, France and the European Commission by phone on Sunday in an attempt to break the deadlock over a cash-for-reforms deal as time runs out to save Greece from bankruptcy. After months of wrangling and with anxious depositors pulling billions of euros out of Greek banks, Tsipras's leftist government has signalled a willingness to make concessions in order to unlock 7.2 billion euros in bailout money.