Receive Breaking News updates as they occur
Greece's new anti-austerity government was set to kick off its European charm offensive in Paris on Sunday seeking to renegotiate its 240 billion euro ($270 billion) bailout, though Germany has already refused to consider any debt relief. Finance Minister Yanis Varoufakis, who is looking to write down half of Greece's debt, was scheduled to meet with his French counterpart Michel Sapin and Economy Minister Emmanuel Macron in the afternoon, before heading on to London and Rome. Greece's Prime Minister Alexis Tsipras has tried to calm nerves and markets spooked by his radical plans, saying he did not intend to renege on commitments to the European Union and International Monetary Fund. Varoufakis is likely to get a sympathetic hearing in France, where Sapin has already said the EU should be open to reworking Greece's bailout programme, while emphasising that it must still pay up eventually.