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Eurozone ministers meet to discuss Greek bailout

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Eurozone ministers meet to discuss Greek bailout

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Eurozone finance ministers are holding a crucial meeting on the future of the international bailout for Athens.

From Germany a tough stance peppered with a strong dose of scepticism. “Nobody wants to give Greece money anymore without guarantees,” said German finance minister Wolfgang Schaeuble adding the current Athens government made him “feel sorry for the Greeks,”

In Athens resident George Karageorgios said: “That we deserve dignity, we deserve to live by our own means. We deserve to work and to have prosperity and a future plan, that’s my main issue.”

Antonis Kalomirakis said: “They, the EU need to relax a bit, they need to to relax because we are suffering, we are suffering as a whole.”

There were no immediate signs of a relaxed mood in Athens’ stock exchange. Greek shares were down 4.4 percent after rallying 11 percent last week when optimism was in the air about a new deal.

The hard talk has been tempered by the French. Finance Minister Michel Sapin hinted at a slight easing of eurozone opposition for an end to austerity saying Europe must respect the political change in Europe.