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EU readies for default following Tsipras' tactics

Greek PM's brinkmanship pushes his country's finances to the limit

Published Fri, Jun 12, 2015 · 09:50 PM

    Brussels

    EUROPEAN officials are preparing for the worst as Prime Minister Alexis Tsipras' brinkmanship pushes Greece's finances to the limit.

    Chancellor Angela Merkel urged Mr Tsipras to accept the framework for financial aid as the German public turns against supporting Greece and euro-area officials demanded a proposal for stabilising the country's debt by Friday. An International Monetary Fund team left Brussels earlier this week, despairing of Tsipras' tactics.

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