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Greece debt drama saved from eleventh-hour collapse

Germany's tough stance bothered creditors, with reports of an open row between Schauble, Draghi

Published Mon, Jul 13, 2015 · 09:50 PM

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    Brussels

    DAWN was breaking over Brussels and after 14 hours of talks, Europe's two most powerful leaders were ready to call it a night. Greece would get no bailout, and the nightmare of a euro exit would come true.

    "At 6 am (0400 GMT), France and Germany had given up, the night would end with no deal," said a European official who witnessed round after round of talks putting German Chancellor Angela Merkel and French President Francois Hollande at the same table with crisis-struck Greece.

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