Tuesday, June 30, 2015

Eurozone Rejects New Greek Request for Bailout Extension

In a hurriedly-organized conference call, Eurozone finance ministers voted down an unexpected third request from Greek Prime Minister Alex Tsipras for a bailout extension.

German Chancellor Angela Merkel said the Eurozone would wait until after Greece's Sunday  referendum on whether to accept terms of a recent Eurozone proposal, before launching further discussions with the Greek government.


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