‘Bankrupt but Free’: Greeks stage nationwide anti-austerity rallies
Eurozone finance ministers have made progress in discussions with Greece following hours of talks on Wednesday. The talks on whether to extend an international bailout to Athens will continue during the next scheduled meeting on Monday, as the sides could not agree on another meeting before then.As EU politicians failed to reach a Greek debt deal in Brussels, thousands of people poured onto the streets of Athens and other large cities to protest austerity and voice support for the recently elected Syriza party.
"We explored a number of issues, one of which was the current program," Eurogroup chairman Jeroen Dijsselbloem said. "We discussed the possibility of an extension. For some that is clear that is preferred option but we haven't come to that conclusion as yet.”
Greece has confirmed there was no agreement, adding that “negotiations will continue with the goal of a mutually beneficial agreement.”
“An extension of the memorandum cannot be accepted,” a statement from Athens reads. Greece's new finance minister, Yanis Varoufakis, is negotiating to adjust conditions of the $284 billion bailout memorandum, agreed by a previous government in 2012.
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