Greece on collision course with lenders as ESM freezes debt relief

European financing body says it will not honour accord after Greek PM announced pre-Christmas bonus for pensionersThe dispute between Greece and its creditors has turned more ugly after the European body financing the country’s €86bn (£72bn) bailout programme decided to freezea debt relief deal.The prime minister, Alexis Tsipras, was taken by surprise on Wednesday when the European Stability Mechanism announced it would not honour an accord to ease the burden of Greece’s d