Greek Prime Minister, Alexis Tsipras, has vowed not to bow down to European demands for further austerity. Tsipras, confirmed to the Greek parliament on Monday he will seek an honest compromise to Greece’s debt and warned he will not implement further austerity on the Greek people.
The Greek finances are deteriorating fast and they may not have enough money to pay the 450 million euros due on the 9th of April. There are also treasury bills totalling 2.4 billion euros maturing on the 14th and 17th of April. 500 million euros is owed to investors outside the country and ...