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Tsipras charts path for Greece with funding at risk

EU rejects Greece's requests for debt writedown and short-term financing agreement

Published Sun, Feb 8, 2015 · 09:50 PM

Athens

NEW Prime Minister Alexis Tsipras will try and chart a path forward for Greece this week, after the head of the euro-area finance ministers' group shot down his proposal to avoid being shut off from funding at the end of the month.

The new government's request for a debt writedown has already been rejected, and Eurogroup chief Jeroen Dijsselbloem on Friday rejected a request for a short-term financing agreement to keep the country afloat while it renegotiates the terms of its bailout program.

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