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 on Thursday and Friday 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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