Article 2AQAR Greece has three weeks to deal with 'potentially disastrous' debt

Greece has three weeks to deal with 'potentially disastrous' debt

by
Helena Smith in Athens
from on (#2AQAR)

Failure of Greece and the EU to reach compromise by 20 February 'would bring back Grexit with a vengeance'

Greece's embattled government has three weeks to break the deadlock in increasingly difficult talks with creditors or risk the country's debt crisis resurfacing with renewed vigour.

Faced with the dilemma of agreeing to additional austerity or calling fresh elections, prime minister Alexis Tsipras was weighing his options at the weekend. Fears of further uncertainty in Europe's weakest member state mounted as the International Monetary Fund (IMF) predicted that Greece's debt load could become "explosive" by 2030.

Related: 'Patients who should live are dying': Greece's public health meltdown

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