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Tough road for Greece after bailout extension

Mr Varoufakis said that Greece has no immediate problem with government liquidity, but faces trouble in making debt payments to the IMF and European Central Bank in the spring and summer.


THE hard work for Greece's new anti-austerity government of living up to promises made not only to international creditors but also to voters expecting relief from years of painful cuts began on Wednesday.

On Tuesday, Athens secured - but only just - a four-month extension