The Greek PM is optimistic they will find a solution and believes the problem lies with Europe.
The warning comes after Germany refused Greece's demands for €162 billion.
Satirical video reveals German terror of Greece's rebel finance minister.
The Greek finance minister says other European governments will suffer if others are 'asphyxiated' like his.
European Commission and International Monetary Fund accept Greek reforms as a 'valid starting point'.
Greece could run out of money by end of March without new external funding.
Letter from Athens requesting six-month loan extension 'does not match criteria agreed by Eurogroup'.
Greece seek a loan agreement extension but Germany insist they stick to terms of original bailout.
Greece's finance minister dismissed the argument that his only option is to extend a bailout rejected by voters.
Greece and Germany draw firm battle lines as eurozone finance crunch talks begin.
Greek banks are losing around 2 billion euros of deposits a week.
Stocks rose to two-month highs, while government bond yields hit their lowest in three weeks.
Yanis Varoufakis played down a failure to reach a common position with the rest of the euro zone, saying he believed a "healing deal" was possible.