Skip to content
Subscriber Only
Business
Economics

Greeks Are Trapped in Financial Vise

Video player cover image

Euro-Area Ministers Hurl Abuse at Varoufakis

Updated on

As Greek Prime Minister Alexis Tsipras follows an increasingly perilous financial path, his antagonists are just sitting tight.

Finance ministers from the euro region discuss in Riga on Friday where to go from here as talks on more rescue money for Greece enter a fourth month. Frustrated after fruitless calls on Tsipras to tackle his country’s problems, creditors can only withhold the support that would allow him to shield Greeks from financial reality while keeping the country in the currency.