NEWS

Dijsselbloem: Greece’s future tough whatever referendum outcome

dijsselbloem-greece-amp-8217-s-future-tough-whatever-referendum-outcome

The chair of the council of eurozone finance ministers dismissed as "completely false" the assertion by Greek Finance Minister Yanis Varoufakis that Greece was not far off reaching a deal with its creditors.

Jeroen Dijsselbloem, who is also Dutch finance minister, said that Greece faced a difficult future regardless of the outcome of Sunday's referendum on whether to accept the a bailout, and that difficult fiscal measures were unavoidable.

"Any politician who says that wouldn't be necessary in the case of a 'No' vote is making a fool of his people," said Dijsselbloem after a meeting of the Dutch cabinet on Friday.

[Reuters]