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Tusk: Greece's debt deadlock is "getting critical"

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By Euronews  with Reuters, AFP, APTN
Tusk: Greece's debt deadlock is "getting critical"

European Council President Donald Tusk warned Greece on Friday that “the game of chicken needs to end and so does the blame game.”

Tusk told Athens its debt standoff was “getting critical” as the deadline for Athens’ next repayment draws near (June 30th).

His comments came after Greek Prime Minister accused lenders of seeking to “humiliate” his government and “strangle” the economy.

In response, Tusk said: “We are close to the point where the Greek government will have to choose between accepting what I believe is a good offer of continued support or to head towards default. At the end of the day this is and can only be a Greek decision and a Greek responsibility. There is still time, but only a few days. Let us use them wisely.”

Watch Tusk’s full statement.

In Moscow to meet Russian President Vladimir Putin, Tsipras said he was confident a last-ditch deal would be reached at the eurogroup meeting on Monday to save the country from exiting the eurozone.

The Kremlin confirmed on Friday it was ready to bail out Greece itself if required.

Meanwhile the European Central Bank has extended emergency funding to Greek banks as depositors withdrew around 1.2 billion euros on Friday alone.

While the central bank tried to assure savers that the banking system was safe, some analysts said capital controls could be imposed as early as this weekend.