The government spokesman Gabriel Sakellaridis announced that Greece will reject the Eurogroup ultimatum for an extension of the current bailout program, stressing that the government’s intention is to come to a mutually beneficial agreement.

Mr. Sakellaridis, who spoke to Mega Channel, added that the Greek government is insisting upon a political solution, rather than the technocratic solution that Berlin insists upon. He then explained that “we are prepared for everything” and “we are bound by the public mandate” and stressed that the Greek government would not sign an agreement «at gun point«.

When asked about the funding of the banks, Mr. Sakellaridis noted that the government was in contact with the European Central Bank, which provided assurances that funding would continue as normal.