Cyprus Mail
Business

Greek govt reshuffles EU/IMF negotiating team after Riga debacle

Former Greek Finance Minister Yianis Varoufakis

Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, after his finance minister was sharply criticized for his performance at a euro zone meeting last week.

Athens is dangerously close to bankruptcy and is scrambling to find a deal with increasingly furious lenders to unlock aid before it runs out of money or defaults on debt payments in May.

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