+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Greek Prime Minister Alexis Tsipras is addressing parliament after a week of drama

Jun 5, 2015, 21:49 IST

Greek Prime Minister Alexis Tsipras is giving a speech to his parliament after this week's drama.

Advertisement

If you're a Greek speaker or just want to watch the body language, there's a live link here.

Here's what he's said so far:

  • According to Sky's Ed Conway Tsipras has already said that the bailout proposals put on the table by Europe's institutions and the IMF this week were "extreme" and "cannot be accepted."

We'll keep you updated as more breaks.

Tsipras rushed to Brussels earlier in the week for what seemed like last-minute negotiations ahead of a payment due to the International Monetary Fund (IMF) on Friday June 5.

Advertisement

As it turns out the last minute has now been kicked down the road by three weeks - Greece is going to bundle the four payments it owes to the IMF this month, which run to €1.5 billion (£1.1 billion, $1.69 billion) in total. That way, the payment isn't due until June 30.

This week Greece's creditors sent Athens a proposal for a deal, and Athens sent their own proposal to the creditor institutions.

NOW WATCH: This hidden subplot of 'Game of Thrones' spells out the real trouble for the Lannisters

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article