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Sunday, July 12, 2015

Greece nears euro exit as bailout talks break up without agreement

Last-ditch negotiations to resume on Sunday after eurozone’s fiscal hawks put up fierce resistance to Alexis Tsipras’s rescue planGreece’s final attempt to avoid being kicked out of the euro by securing a new three-year bailout worth up to €80bn ran into a wall of resistance from the eurozone’s fiscal hawks on Saturday.Finland rejected any more funding for the country and Germany called for Greece to be turfed out of the currency bloc for at least five years. Continue reading...


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