Bailout talks broke down. Both sides refuse to blink greece is rushing toward the cash crunch that threatens to drive it out of the eurozone. We are joined by hans nichols. And without the bureau chief in joins us from greece. Hans, lets start with you. Lets talk about the greek finance minister, Yanis Varoufakis. And his reasoning about what he is doing. According to him, it is simple and illogical for Yanis Varoufakis to excel at a deal, a program his party was elected to repeal, it is simply a nonstarter. He said they went backwards last night and not forwards. He said. The last weeks meeting, they had a few setbacks and then they made progress. He held out the prospect for additional talks is that he is willing to negotiate. We have been saying steadfastly for the beginning we want an honorable settlement. We want to wedge together these principles, the principles of the program have to be respected and the government that challenges the logical problem and find Common Ground betwe