According to a Bloomberg report, the Greek government has been warned by its partners to stop reacting to creditor demands and present an agreement plan in order to avert the risk of a default.
Greece was reportedly given the 24-hour ultimatum to provide proposals at the recent Euro Working Group. The European Council president Donald Tusk also issued a similar warning, calling Greece to stop “gambling”. The news agency cited an unnamed official who estimated that policymakers are examining all available options and scenarios, should Greece refuse to comply with the warnings, including being forced out of the Eurozone.
Earlier on Friday the European Commission president Jean-Claude Juncker commented that the negotiations must first focus on technical aspects, before moving on to a political level. The Eurogroup chief Jeroen Dijsselbloem also stated that there “major differences” and that Athens would have to accept taking hard decisions, if wants to secure funding to avoid a default.
