Defiant Yanis Varoufakis has vowed to quit his position if his nation votes in favour of agreeing to the bailout in Sunday's referendum
Greece’s finance minister said he would rather “cut his arm off” than agree to harsh EU bailout terms.
Yanis Varoufakis said he would quit if there was a Yes vote in Sunday’s referendum as polls show the No campaign’s lead narrowing.
The International Monetary Fund said Greece needed £35billion over three years.
Some debt should be axed as a “breathing space”.
The Dutch head of the Eurozone group of finance ministers, Jeroen Dijsselbloem, said voting Yes was the only way to get Greece out of the “gutter.”
He added: “The future of Greece is in the hands of the Greek people."