Greece's New Year fizzer

Greece's public consideration of departure from the euro is likely to challenge optimism Europe's debt crisis could be waning. Meanwhile, the country's austerity measures are looking as tenuous as ever.

Greece has put a dampener on the New Year rally, warning that the country will have to leave the eurozone unless it can reach agreement with its international creditors over its latest €130 billion ($US170 billion) bailout package.

"This rescue package must be signed otherwise we are out of the markets, out of the euro," a Greek government spokesman, Pantelis Kapsis, warned in a television interview.


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