Debt crisis: Greek Finance Minister ready for deal under 'different' conditions

  • Greek finance minister Yanis Varoufakis has said he was willing to do “whatever it takes” in order to reach a bailout deal after talks with EU finance ministers collapsed.

    His remarks came after the Greek government rejected the EU offer to extend the present €240 billion bailout.

    Varoufakis, who called the EU plan “unacceptable” and “absurd”, indicated that he was ready for a deal provided the conditions are different. 

    However, Jeroen Dijsselbloem, the head EU negotiator, said that his “strong preference” was to extend the bailout.

    Tagged as: Greek debt, Greece bailout, Greek finance minister, Yanis Varoufakis, bailout deal, bailout agreement, Jeroen Dijsselbloem, EU, business news