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Eurozone states want Greece out, says Venizelos | |
(40 minutes later) | |
Some eurozone countries no longer want Greece in the bloc, Finance Minister Evangelos Venizelos has said. | |
He accused the states of "playing with fire", as Greece scrambled to finalise an austerity plan demanded by the EU and IMF in return for a huge bailout. | |
Mr Venizelos promised to clarify the plan before a conference call with eurozone bosses due at 16:00 GMT. | |
Greece needs to convince lenders that it will make enough savings, and that its politicians will enact the changes. | |
Athens is hoping to get a 130bn-euro (£110bn; $170bn) bailout from the EU and IMF. | |
The deal also includes a provision to write off a further 100bn euros of debt owed to banks. | The deal also includes a provision to write off a further 100bn euros of debt owed to banks. |
Parliament approved a package of austerity measures on Sunday, but eurozone ministers indicated that more detail needed to be given on the cuts. | Parliament approved a package of austerity measures on Sunday, but eurozone ministers indicated that more detail needed to be given on the cuts. |
The ministers also insisted that the major Greek political parties committed to implementing the cuts, regardless of who wins a general election scheduled for April. | The ministers also insisted that the major Greek political parties committed to implementing the cuts, regardless of who wins a general election scheduled for April. |
Leaders of the two main parties have now signed letters committing them to enacting the changes. | |
And an official told the BBC that 325m euros of extra savings had been made with cuts from defence, health and local government budgets. | |
Mr Venizelos said there were "very few remaining issues" with the austerity package and promised to have them "fully clarified" before the conference call. | |
But he also warned that some eurozone countries were "playing with fire", saying: "There are many in the eurozone who don't want us any more." | |
Without the bailout, Greece will be unable to pay its debts and will be forced into a default. | Without the bailout, Greece will be unable to pay its debts and will be forced into a default. |
Its next payment is due on 20 March, and the complex technicalities of finalising the bailout take several weeks even after the politicians have agreed the measures. | Its next payment is due on 20 March, and the complex technicalities of finalising the bailout take several weeks even after the politicians have agreed the measures. |
But the austerity plan has been hugely unpopular in Greece. | |
Anger boiled over during Sunday's vote in parliament, when large groups of protesters clashed with riot police and dozens of buildings were set on fire in Athens. | Anger boiled over during Sunday's vote in parliament, when large groups of protesters clashed with riot police and dozens of buildings were set on fire in Athens. |
And eurozone countries appear to be running out of patience with Greece. | |
On Wednesday German Finance Minister Wolfgang Schaeuble told local radio he wanted to help Greece, but "we are not going to pour money into a bottomless pit", in comments translated by the AFP news agency. | On Wednesday German Finance Minister Wolfgang Schaeuble told local radio he wanted to help Greece, but "we are not going to pour money into a bottomless pit", in comments translated by the AFP news agency. |
And unnamed eurozone officials were quoted suggesting that Greece's latest assurances still may not be enough, because people no longer trusted the country's politicians. | And unnamed eurozone officials were quoted suggesting that Greece's latest assurances still may not be enough, because people no longer trusted the country's politicians. |
Greece has failed to deliver on many of the promises it made to secure an earlier bailout deal, EU officials say. | Greece has failed to deliver on many of the promises it made to secure an earlier bailout deal, EU officials say. |