Greece's "war cabinet" has resolved to defy the European creditor powers after a nine-hour meeting on Sunday, ensuring a crescendo of brinkmanship as the increasingly bitter fight comes to a head this month.....
Greece's leaders are bitter that their recent efforts to reach out and seek an "honourable compromise" have achieved nothing.The Telegraph
The only concession so far from the EU creditors is to reduce the target for Greece's primary surplus from 4.5pc to 2pc of GDP next year. "They are like sharks: once they taste blood they come back for more," said one minister.
Greece's 'war cabinet' prepares to battle EU creditors as anger mounts
Ambrose Evans-Pritchard
ht Clonal
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