Greek PM cobbles together new reform plan; ATMs only have cash until Monday

  • 9 years ago
The Greek Prime Minister is consulting with the opposition as the world waits to see whether the country will stay in the eurozone.

Athens has until the end of today to deliver new proposals to try to unblock more bailout cash from European creditors.

“These are crucial times,” said Alexis Tsipras, “and it is necessary to provide proper information to the political parties so that there are no misunderstandings.”

As authorities extended the closure of Greek banks until next Monday, there was a stark warning that there is not enough cash to keep money machines in operation beyond the end of the week.

The leader of the To Potami party, Stavros Theodorakis, said: “We have to clinch an agreement before Sunday. It will be too late by Sunday. (It is crucial) to have reached a definite agreement by Friday morning.”

The IMF warns that Greece is facing an “acute crisis”, which needs to be addressed quickly. It says it remains engaged to help, but it cannot bend the rules.

IMF head C

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