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Drachma banknote - the risk of a greek euro exit is being openly talked about as patience wears thin (Photo: Tonton Bernardo)

Greek PM to ask for softer bailout terms

Greek Prime Minister Antonis Samaras is next week meeting top EU leaders in a bid to negotiate a two-year deadline extension of the current bailout terms due to the worsening recession.

But patience among eurozone donors is wearing thin.

Samaras is due to receive Eurogroup chief Jean-Claude Juncker in Athens on 22 August, after which he will travel to Berlin and Paris to meet Chancellor Angela Merkel and President Francois Hollande to lay out why Greece needs two more years to m...

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Drachma banknote - the risk of a greek euro exit is being openly talked about as patience wears thin (Photo: Tonton Bernardo)

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