1. Greece minister says bailout unviable, sees election this year

Greece minister says bailout unviable, sees election this year

The bailout offer being put to Greece is unviable and will require the support of opposition lawmakers or a national unity government to implement, Labour Minister Panos Skourletis said on Monday, adding there would be a snap election this year.

By: | Athens | Published: July 13, 2015 12:28 PM
Greece bailout

Euro zone leaders argued late into the night with near-bankrupt Greece at an emergency summit, demanding that Athens enact key reforms this week to restore trust before they will open talks on a financial rescue. (AP)

The bailout offer being put to Greece is unviable and will require the support of opposition lawmakers or a national unity government to implement, Labour Minister Panos Skourletis said on Monday, adding there would be a snap election this year.

Skourletis also said those lawmakers who had vetoed the terms of bailout discussions should resign.

Euro zone leaders argued late into the night with near-bankrupt Greece at an emergency summit, demanding that Athens enact key reforms this week to restore trust before they will open talks on a financial rescue.

“In different circumstances, if there was normality, if there were no capital controls and a banking problem, I would immediately say that we should go to elections,” Skourletis said.

“The measures of the forthcoming deal plan are not viable,” he said.

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