Austria First to Say Game Over for Greece as Merkel Sees Chance
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With the Greek government approaching the June 30 expiry of its euro-area bailout and no alternative financing in sight, Austrian Finance Minister Hans Joerg Schelling was the first to declare the effort to broker an aid deal has failed.
“The game is finished,” Schelling told reporters before a Eurogroup meeting in Luxembourg. Greece can’t “simply reject every proposal,” he said.