Tuesday, June 16, 2015

GREECE DEAL NO CLOSER

Greece's stock market has been slumping for the third day in a row, with the country teetering on the edge of default.

It comes as Greek Prime Minister Alexis Tsipras again criticises the deal international creditors are trying to get his government to agree to in exhange for bailout cash.

Mr Tsipras says the reforms creditors want will put Greece back into recession.

If an agreement isn't done within days, Athens could effectively be bankrupt, and lenders show no signs of further compromise.

Brussels correspondent Jack Parrock says time is running out.

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