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Tranche not released, as ECB and Tsakalotos cross swords

Undoubtedly, the spotlight was cast on the Eurogroup's latest qualms over releasing the sub-tranche and the formal completion of the third evaluation, but the essence is reflected in the outbuster of Greek minister Tsakalotos and in the frantic confrontation with Mario Draghi.

  • Published in Greece

Institutions deliver nasty shock for Greek government

The Greek government came in for a shock as the meeting with lenders on Monday didn't pan out as finance ministry sources expected with the main sticking point being the ability of Greek banks to deal with a huge amount of private debt in the red.

  • Published in Greece
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