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Monday, March 23, 2015

Alexis Tsipras meets Angela Merkel for talks amid growing debt fears

Rolling business and financial news, as Greece’s prime minister visits Germany for talks with the German chancellor this afternoon 7.40am GMT Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.German MPs laughed last week when Angela Merkel told them she was looking forward to meeting - and perhaps arguing - with her Greek counterpart today. But there may not be too much mirth in Berlin tonight as the chancellor hosts Alexis Tsipras for the first time.On both sides, the talks are being seen as a “moment of truth.” Greece has made clear, under its new government, that it does not want to leave the eurozone and Tsipras his point that austerity needs to be eased. In Athens officials are putting on a brave face.“We are looking forward to this meeting,” said the Greek government spokesman Gavriel Sakellarides. “There’s a good chemistry between the two leaders. It’s much better that they talk directly to one another. Related: 'Moment of truth' for Greece and the euro as Tsipris arrives in Berlin Greek PM Tsipras & German Chancellor Merkel meeting agenda (GMT): 1600 - Meeting 1800 - Presser 1900 - Working dinnerGiven all the measures that have been introduced by the ECB and signs of bottoming in data, there is a good chance Mr Draghi will give a more upbeat assessment of the economy. Continue reading...


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