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Wednesday, February 4, 2015

Greek minister flies to Germany for showdown over debt repayments

Syriza finance minister Yanis Varoufakis claims widespread support in eurozone over debt relief for Greece, but Angela Merkel stands firmGreece’s newly installed leftwing government is heading for a showdown with German leaders over plans to cut the debt repayments due from Athens this summer.Greek finance minister Yanis Varoufakis flew to Berlin to prepare for meetings on Thursday with his German counterpart Wolfgang Schäuble. At the end of a four-day whistlestop tour of European capitals, he claimed he now had widespread support for his debt relief proposals. Related: It's not just Greece and Spain that need their debt restructuring | Jonathan Glennie Continue reading...


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