Eurozone Denies Bailout, Greece Left Hoping For A Miracle
With Greece's debt deadline only hours away, the country is in chaos as it tries to find a way to stave off default.By Jake Godin, Matt Patston | June 30, 2015
“The Greek government will continue decisively to give the fight in favor of these principals. We will continue to give the fight on behalf of the European people and of course on behalf of the Greek people,” Greek Prime Minister Alexis Tsipras said during a meeting in Brussels.
Greece is out of time. Over the weekend, eurozone finance ministers held an emergency meeting without Greece, where they decided not to extend the flailing nation’s bailout package past Tuesday.
“I think we must conclude that, however regretful, that the program will expire on Tuesday night,” Eurogroup President Jeroen Dijsselbloem said during Friday’s emergency meeting in Brussels.