Alexis Tsipras warned on Tuesday that the failure to agree a rescue deal for Greece would spell the end of the eurozone as he submitted a revised package of reforms to negotiators in Brussels.
The Greek prime minister said if Greece fails, Europe’s leaders will have a bigger disaster on their hands because “it will be the beginning of the end of the eurozone”.
Tsipras was speaking after what appeared to be a co-ordinated move by world leaders at the G7 summit to caution Athens against resisting demands by its troika of creditors – the European commission, the International Monetary Fund and the European Central Bank – for further austerity and far-reaching reforms.
via The Guardian
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.