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Friday, April 24, 2015

Greece can still put together finance deal before money runs out, eurozone says

Ministers privately believe deal is possible, but point at which Syriza must either capitulate to Brussels or leave euro growing closerThere is still time for Greece to stitch together a deal with Brussels before it runs out of money, according to eurozone finance ministers speaking privately at last week’s International Monetary Fund spring conference. And the betting must be that crisis-plagued Athens will eventually find a way to retain its membership of the eurozone with a messy compromise.But the odds are getting slimmer with every passing week. On Friday, finance minister Yanis Varoufakis meets his counterparts in the Latvian capital Riga in what many analysts believe is the penultimate gathering to work out a deal before Athens’s coffers run dry. Continue reading...


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