Greece stocks crack on debt deal woes

Greece's ATG share index fell over 4 per cent soon after Greece PM Alxis Tsipras said that the creditors did not accept their debt proposal.

Greece stocks crack on debt deal woes
ATHENS: Greece's ATG share index fell over 4 per cent soon after Greece PM Alxis Tsipras said that the creditors did not accept their debt proposal.

Tsipras attacked the stance of "certain" creditors as "strange" because they rejected proposals presented by Athens to bridge a budget gap, a government official said on Wednesday.

Other European stock markets too slipped into red, snapping its two days of gains. Frankfurt's DAX 30 index fell 0.9 percent to 11,44 points and the CAC 40 in Paris edged down 0.6 percent to 5,028.66 points.

Outside the eurozone, London's benchmark FTSE 100 index rose 0.27 percent to 6,854 compared with Tuesday's close.

Tsipras made the comments before heading to Brussels to meet the chiefs of Greece's three creditor institutions - the European Commission, the European Central Bank and the International Monetary Fund, the official said in a statement.

It did not say which proposals Tsipras was referring to, and which of the three institutions he was blaming for the deadlock.
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"The non-acceptance of offsetting measures has never happened before. Neither in Ireland nor in Portugal. Nowhere!" the official quoted Tsipras as saying. "This strange attitude can only mean one of two things: either they do not want an agreement or they are serving specific interests in Greece."



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