Greece defiant as creditors pile on the pressure

Greece has said it will not renege on election pledges to end austerity measures as creditors pressed for a deal to free financing and avert a widening crisis.

US president Barack Obama and ECB president Mario Draghi both called on the government to do more to resolve the stand-off amid depleting cash reserves.

Greek officials, including Yannis Dragasakis, the deputy prime minister, stood their ground.