Jun 18th, 2015

Varoufakis Says Debt Exchange Would End Greek Crisis

Greek Finance Minister Yanis Varoufakis speaks about his government's failure to reach agreement with euro-area creditors, the outlook for an extension of its bailout agreement and Greece's proposal to end its debt crisis. Euro-area leaders will hold an emergency summit in Brussels on Monday to try and force a settlement on Greece after finance ministers’ efforts failed on Thursday. Varoufakis speaks at a news conference in Luxembourg. (This report is in Greek and English. Source: Bloomberg)