Eurozone leaders set Greece brutal take-it-or-leave-it conditions for a
desperately needed bailout deal at a summit on Sunday as an exit from
the single currency loomed ever larger.
Read nore: Eurozone sets Greece tough terms as euro exit looms - Yahoo News
Hawkish Germany pushed for a
Greek "time out" from the euro if leftist Prime Minister Alexis Tsipras
fails to agree terms for a three-year rescue plan worth up to 86 billion
euros ($96 billion).
Athens
faces demands to push through new reform laws next week to win a third
bailout since 2010, with the government in a tight corner as the
cash-starved country's banks look set to run dry in days.
"There
will be no agreement at any price," Merkel said as she arrived for the
summit of 19 eurozone leaders, complaining of a loss of trust in Athens
and warning of "tough negotiations" ahead.
Read nore: Eurozone sets Greece tough terms as euro exit looms - Yahoo News
