Greek debt crisis: Eurogroup shifting towards ‘Plan B’

Greek debt crisis: Eurogroup shifting towards ‘Plan B’

The Europgroup is now focusing on Plan B over Greece’s default and possible exit from the euro, as Athens has rejected the latest creditors’ proposals and is going for a referendum on the issue.

Prime Minister Alexis Tsipras’ decision to hold a referendum caused a wave of criticism and discontent from the eurozone finance ministers, who now see no sense in further bailout talks and plan to focus on Plan B, and dealing with the consequences of the potential Greek default.

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