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Eurozone contagion fears spread as Greeks refuse cuts
Public rejects austerity measures on which bailouts depend – bringing default step closer. Greece's position in the single currency is "hanging by a thread", analysts warned last night, as left-wingers who made big gains in the elections rejected the terms of the international bailout agreed by the previous government. Alexis Tsipras, the young leader of the radical left Syriza party, said there would be no "sneaking back in again what the Greek people threw out" on Sunday. He has instead called for a moratorium on the repayment of Greece's mountainous debt and an end to the austerity measures that some blame for ... (full story)
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