"Athens' chances of finding itself without an EU financial backstop in one week will come down to a bitter face-off in Brussels today between the Greek and German finance ministers, after Berlin rejected Greece's request to extend its €172bn rescue by six months.
The German rebuff came just hours after Yanis Varoufakis, the Greek finance minister, reversed his government's long-held promise to kill the current bailout in a letter to his fellow ministers. But the letter, obtained by the Financial Times , had clauses that Berlin told counterparts amounted to "a Trojan horse" designed by Athens to change the conditions it must meet to receive €7.2bn in aid available for finishing the bailout."
Is rebuffing the only option? How about regifting?