Greece's Evangelos Venizelos calls for three-year bailout extension Arguing that Greece needs a "realistic framework" and calling for its bailout plan to run until 2017, Pasok leader Evangelos Venizelos, who is part of the ruling coalition, said a programme of state asset sales should be revived. The inspectors are expected to leave at the end of the week but technical staff, who have already started work, will remain to review Greece's compliance with the terms of the bailout. The country's €130bn bailout package has divided a population suffering a fifth year of deep recession and high unemployment. A large number of people backed anti-bailout party Syriza in the country's May 6 and June 17 elections, though neither produced a winner with enough votes to form a government alone. The coalition says it wants tax cuts, a freeze on public sector layoffs and extra help for the poor and unemployed. In Stockholm, Swedish finance minister Anders Borg said on Swedish Radio that there was a major risk Greece would fail to fulfil its obligations to its lenders and end up in "some sort of default." Greece will run out of cash within weeks if it fails to secure the next €31.5bn instalment of bailout funds.