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6/24/15

Greece: Tsipras summoned to Brussels for emergency talks over Greek bailout deal - by I Traynor, J. Rankin , H.Smith

Greece’s prime minister, Alexis Tsipras, arrives in Brussels on Wednesday for critical talks with the country’s creditors as the outlines of the latest proposed deal to avoid bankruptcy threatens to unravel, worsening the crisis.

In advance of the third meeting of eurozone finance ministers in less than a week, Tsipras was summoned to the office of Jean-Claude Juncker, the president of the European commission, to try to thrash out remaining differences.

Christine Lagarde, the head of the International Monetary Fund, Mario Draghi, the president of the European Central Bank, and Jeroen Dijsselbloem, the Dutch finance minister who runs the Eurogroup committee of finance ministers, are to confront Tsipras about the tax rises and spending cuts he tabled on Monday in the hope of securing more bailout funds for Greece and avoiding a default next week.

The Eurogroup meeting on Wednesday is aimed at preparing an agreement that would be rubber-stamped by an EU summit on Thursday, averting the eurozone’s first default and keeping the currency bloc intact.

Read more: Tsipras summoned to Brussels for emergency talks over Greek bailout deal | World news | The Guardian

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