Greece calls for new bailout terms with ten point plan

The troika - the European Commission (EC), the International Monetary Fund (IMF) and the European Central Bank (ECB) - are overseeing a €240bn (£182bn) bailout package, which expires on 28 February. But the newly elected Greek governmernt does not want the package extended, saying the bailout conditions have only put further pressures on Greece. Greek finance minister Yanis Varoufakis and Prime Minister Alexis Tsipras have put together a new plan to replace the current bailout conditions, but the EU is refusing to budge on the terms. The new plan includes bond swaps to reduce the c...