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Greece Proposes a Third Bailout

Greece Financial Crisis

Greece Financial Crisis

The Greek government has proposed a new Two-Year bailout programme, according to news breaking in Athens.

This two-year programme would be supplied under the European Stability Mechanism and – crucially – would run alongside a debt restructuring. And it wouldn’t include the International Monetary Fund.

In a statement from Alexis Tsipras’s office, cited by Reuters, Greece says it is still at the negotiating table, and seeking “a viable solution, under the end, aimed at staying in the euro.”

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