Germany last night heightened the pressure on Greece to implement bolder economic reforms in order to secure its place in the eurozone, despite attempts by France to broker a compromise.
Fraught negotiations in Brussels over a €86bn bailout package at the weekend created fresh uncertainty for Athens’ future in Europe’s monetary union after finance ministers failed to agree a way out of the biggest crisis to face Europe since 2012.
A fragile compromise was emerging late last night under which Athens would pass tough new reform laws, including on pensions, by Wednesday and prepare further rapid reforms this month.
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