Greek bailout deal very close, says minister

Premier Tsipras warns that cash-strapped country is in state of 'financial strangulation'

Greek Finance Minister Yanis Varoufakis said that he expects an agreement with bailout creditors within the next week, which would save the cash-strapped country from fast-approaching bankruptcy.

"I think we are very close," Varoufakis said. "Let's say (it's a matter) of about a week."