Greece talks turn to idea of a Plan B

Frustrated finance ministers for the first time broke the taboo of talking about a “Plan B” for Greece at a fraught meeting in Riga.

Several ministers of eurozone countries attacked their Greek colleague, Yanis Varoufakis, telling him his country was very close to self destructing.

Michael Noonan, Finance Minister, said governments should introduce reforms as soon as possible after being elected, which avoids further debate on them and leaves time for their positive effects to be felt.