Greece slides closer to eurozone abyss

Greece slides closer to eurozone abyss

Emergency preparations are under way across Europe this weekend for a Greek default and exit from the eurozone, following the failure of efforts to reach a last ditch agreement in Brussels yesterday.

Talks among finance ministers ended abruptly in Brussels early yesterday afternoon after the Greek government announced that it would hold a referendum on a fresh bailout next Sunday. Greek prime minister Alexis Tsipras made it clear that his party Syriza would be campaigning...

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