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'Last attempt' to seal Greek deal with creditors fails
Talks on breaking a deadlock between Greece and its international creditors broke up in failure on Sunday, with European leaders venting their frustration as Athens stumbled closer toward a debt default that threatens its future in the euro. With Athens insisting it would never give in to demands from the EU and IMF for pension and wage cuts, the European Commission declared that the negotiations in Brussels, also involving the European Central Bank, had not succeeded. Following what it called this "last attempt" at a solution, the Commission said in a statement that euro zone finance ministers would now tackle the ... (full story)
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