Greek PM sees EU deal very soon.
Greek Prime Minister Alexis Tsipras is about to face tough negotiations with his country’s creditor’s to reach the deal by 9th May. Finance Minister Yanis Varoufakis was being defended by Mr. Tsipras from the Greece’s negotiating team but he also admitted that mistakes were made within the team. Greece has been trying to negotiate a deal that would unblock 7.2 billion euros in the remaining EU bailout money that the debt ridden country needs to avoid. Mr. Tsipras has mentioned Mr. Varoufakis as an important asset for Greece as he had also annoyed his European colleagues due to his way of speaking their language. Mr. Varoufakis will be replaced by Euclid Tsakalotos. It is also believed that Greece will leave Euro within the next 12 months. Mr. Tsipras rejects the idea of quick election in case if EU talks failed and prefers to hold a referendum on a final deal.
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