Greece's Prime Minister is warning his administration is not going to compromise when it comes to eliminating austerity.
But at the same time, Alexis Tsipras says his government does want an "honourable and mutually beneficial agreement."
"We are not hurrying and we do not compromise. We are, however, working hard for an honourable and mutually beneficial agreement, an agreement without austerity and the bailout agreement that has destroyed Greece these past years, and without the toxic presence of the troika. Everything else is not an agreement but a surrender that would complete the euthanasia of our country."
The comments come a day after the collapse of negotiations between Greece and its European creditors about the re-negotiation of the terms of the country's bailout agreement.
The eurozone has given Greece until Friday to ask for an extension of its bailout agreement, which is set to expire at the end of this month.
Greek authorities have been pushing for a so-called "bridging agreement" to ensure it doesn't have any liquidity issues while it negotiates a new deal.
Greek national news agency AMNA reports that Greece will submit a request for a six-month extension of the bailout loan agreement on Wednesday.
