The extension of two years was a promise given to Greek voters by Samaras in order not to go through new cuts and more austerity measures. Both Merkel and Hollande said this is not gonna happen unless Troika is satisfied with the on-going program and results are expected next month. By not backing Samaras' request they are offering him the perfect alibi for not keeping his promises. Bad theater, bad scenario, bad performence... We hope the 'audience' one day will realize this play against it and start writing the next 'acts'.
Read more about this charade : France refuses to back Greece's call for more time to enact reforms