Greek PM calls for summit if deal on debt fails

Greek PM calls for summit if deal on debt failsGreek Prime Minister Alexis Tsipras says that negotiators are "just a breath" away from reaching a breakthrough in debt negotiations with bailout creditors and called for a special eurozone summit if a deal fails to materialise Friday.

The prime minister said it was "high time the games were ended" as he discussed Greece's bailout agreements with Brussels in a joint press conference with European Council President Donald Tusk.

Tsipras hinted that some lenders were "moving the goalposts" each time Greece was getting close to meeting approval conditions for the bailout and, without naming who was involved, said: "This is not a game."

But Mr Tsipras said he was "absolutely confident" Greece would reach its targets and the "final fiscal result would be zero".

"We cannot endanger the prosperity and unity of the EU especially at this critical time," he added.

After the meeting with Tsipras in Athens, Tusk said that "no one is interested in punishing Greece."

"Our only goal is to help Greece. We don’t need any kind of other measures or instruments to punish our partners. We only have good intentions," he added.

The EU boss admitted the EU bailout measures were "painful", but only intended to helo Greece "grow".

The bailout talks have been delayed for months, freezing the payout of a rescue loan instalment and hurting chances of a Greek economic recovery after years of recession and turmoil.
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