Greek Prime Minister: “There was a knife at my neck.”

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Source: Bloomberg

Greek Prime Minister Alexis Tsipras started his pitch for a bailout that’s sparked a revolt in his own party and is struggling to get off the ground as international officials ask new questions about the country’s finances.

As Tsipras went on national television on Tuesday night to argue for a deal that he only agreed to with “a knife at my neck,” European officials were at a loss over how to put together a bridging loan that will keep Greece from defaulting on the European Central Bank and its own citizens next week.

One person familiar with the matter said that Greece’s finances seem to get worse with every meeting and governments are now reluctant to help out with even short-term funds.

“The Greek government has not received a bridge-financing program yet because some try to block this,” Tsipras said in an interview with ERT-TV before a parliamentary vote on the deal on Wednesday. “My priority is to make sure that the choice I made the other day, with a knife at my neck, is finalized.” Continue Reading

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