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EU chief rebukes Greece, demands swift debt plan

European Commission President Jean-Claude Juncker accused Tsipras of distorting proposals by international creditors for a cash-for-reform agreement

Reuters
Last Updated : Jun 29 2015 | 3:07 PM IST
The European Union's exasperation with Greece burst into the open on Sunday when its chief executive rebuked leftist Prime Minister Alexis Tsipras and warned that time was running out to conclude a debt deal to avert a damaging Greek default.

In unusually sharp terms, European Commission President Jean-Claude Juncker accused Tsipras of distorting proposals by international creditors for a cash-for-reform agreement and of dragging his feet in offering an alternative.

He urged Athens to put its own ideas on the table swiftly to enable talks to resume on the sidelines of an EU-Latin America summit on Wednesday in Brussels.

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Greek Prime Minister Alexis Tsipras has spurned the terms of proposed aid from lenders, creating an impasse that threatens to push Greece into default and out of the euro zone.

Schulz said Tsipras and his Syriza party should come to terms with the fact that they were not only accountable to their voters, but that they also had a responsibility for the country and the European Union.

Greece is in a standoff with its euro zone and International Monetary Fund creditors over an aid package aimed at unlocking money for the country.

The impasse, which is weighing on financial markets and could hit the global economic recovery, will hang over a Group of Seven leaders' summit that Chancellor Angela Merkel will chair in southern Germany from Sunday.

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First Published: Jun 08 2015 | 12:17 AM IST

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