Greece Debt Talks In Deadlock Over Reforms As Deadline Looms

Associated Press

Derek Gatopoulos Raf Casert
June 25, 2015

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BRUSSELS (AP) -- The bitter standoff between Greece and its international creditors was extended into the weekend, just days before Athens has to meet a crucial debt deadline which could decide whether it goes bankrupt and gets kicked out of the euro currency club.

A key meeting of eurozone finance ministers broke up without agreement on Greece's rescue package on Thursday, intensifying doubts about whether Athens can pay the International Monetary Fund a debt worth 1.6 billion euros ($1.8 billion) on Tuesday.

An agreement on a drastic Greek tax and austerity reform package is necessary for creditors to unfreeze 7.2 …

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