American Treasury secretary, Jack Lew, vows to use upcoming event to press Greece and European ministers to forge a rescue deal The US Treasury secretary has said he will use the G7 finance ministers’ meeting to press Greece and its European creditors to end their brinkmanship and forge a rescue deal.With the Syriza-led coalition scrambling to secure an agreement which will release the final €7.2bn (£5.1bn) tranche of bailout cash and prevent it defaulting on a looming payment to the International Monetary Fund (IMF), Jack Lew urged both sides in the ongoing Greek debt crisis to “treat every deadline as the last”. Continue reading...
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