Greece Outside In: Greece warned not to waste time with blue-sky debt offer

Greece's expected request for a loan extension without strings attached sparked warnings from the EU and US Wednesday over the perils of losing valuable time with proposals that were doomed to fail. Athens was playing for time after its planned offer to resolve the bailout crisis got a firm preemptive "nein" from EU paymaster Germany -- reawaking the spectre of a catastrophic "Grexit" from the ...