Greek government rejects EU bailout offer

The Greek government have rejected the EU's bailout offer, describing it as "unreasonable" and warning that anyone who thinks Greece will continue with the bailout is "wasting their time".

The EU's opening gambit involved Greece agreeing to see through the EU-imposed austerity that has devastated the country despite new prime minister, Alex Tsipras, making it very clear that the EU and IMF no longer run Greece.

Greece's current bailout deal expires on 28th February.