Debt concessions for Greece less likely as Portugal's Socialist leads
Germany, EU worry that any concession will embolden anti-austerity parties, leading to weakened governance
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London
GERMANY and other eurozone leaders are reluctant to give the Greek government concessions in the next debt repayment negotiations as they fear a rising Portuguese left wing party.
Portugal's Socialist party, which is currently leading in the polls ahead of an expected election in October, promises to reduce the burden of austerity which has been imposed by the nation's creditors.
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