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Greece threatened to flood Europe with jihadists and economic migrants if it is allowed to go bust this month.

Furious Defence Minister Panos Kammenos warned that travel papers would be handed to illegal immigrants crossing its borders if EU chiefs refused to continue bailout payments.

He said: “If Europe leaves us in the crisis, we will flood it with migrants, and it will be even worse for Berlin if in that wave of millions of economic migrants there will be some jihadists of the Islamic State too.”

Greece will go bust and be forced out of the EU’s single currency if the £172billion bailout is halted.

EU finance chiefs are currently deciding whether to continue the handouts. Germany is calling the shots on the deal.

Mr Kammenos said his threat would affect the EU’s passport-free Schengen area.

“If they strike us, we will strike them. We will give to migrants from everywhere the documents they need to travel in the Schengen area, so that the human wave could go straight to Berlin,” he said.

Britain would be relatively unaffected if Greece follows through on the threat as the UK has retained its border controls.

Parents should seize their kids’ passports to stop them joining Islamic State, anti-terror police said.

They spelled out options yesterday for parents worried sons or daughters may join more than 600 who have fled to Syria to join IS.

Det Chief Supt Tony Mole, head of North West Counter Terrorism, said: “At the end of the day, you are a parent or guardian. Take their passports and safeguard them.”

Latest to go were Shamima Begum, 15, Kadiza Sultana, 16, and Amira Abase, 15, now believed to be in Syrian IS city al Raqqa.

They had followed in the footsteps of Salma and Zahra Halane, just 16 when they left Chorlton, Manchester, last year.

Det Chief Supt Mole added: “Parents can also contact police. We can bring the right experts.

“Parents must have a conversation with children. It’s delicate. They can rebel if you are over-intensive.”