Still time for Greece to end debt standoff, but no Plan B yet: Austria

Vienna

THERE is still time for Greece to end a debt standoff with its European partners, though no Plan B is in the offing, Austria's finance minister said, adding that Athens must honour the terms of its bailout package.

A showdown in Brussels looms this week as Greece's new leftist government tries to cancel a deeply unpopular bailout programme with international creditors.