Greece seeks 'honourable compromise' but will not shirk the big 'no'

Greece seeks 'honourable compromise' but will not shirk the big 'no'
By Euronews
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Greek Prime Minister Alexis Tsipras has made it clear that the government wants to reach an “honourable compromise” to solve the debt crisis. He was

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Greek Prime Minister Alexis Tsipras has made it clear that the government wants to reach an “honourable compromise” to solve the debt crisis.

He was speaking at a joint news conference with Austrian Chancellor Werner Faymann, who had travelled to Athens in a bid to end the stand-off between Greece and its creditors.

Speaking to the media Tsipras said:“If an honourable compromise can be reached, myself and my ministers, the whole Greek government will apply the deal and make it happen. If we don’t find an honourable compromise and a viable financial solution, the Greek government will take responsibility and say the big ‘no’ to a destructive policy for Greece.”

PM Tsipras LIVE: "Miracle" that public finances still functional without any money from bailout funds #Greecepic.twitter.com/rgVVIbVBgq

— Derek Gatopoulos (@dgatopoulos) June 16, 2015

As the blame game continues Greek banks are creaking under the sheer weight of cash withdrawals, it is estimated that €30bn have been taken out of the system between October and April.

On the streets of Athens the talk is of little else:“Everyone is worried about their deposits, it isn’t personal, listen to the government, this is a national problem,” said one

This month Greece must repay €6.73bn, in July €5.95bn and in August €4.38bn.

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