JeanClaude Juncker News
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Ministers from the eurozone in conjunction with the IMF have reached an agreement on Greek debt. The arrangement means Greece will receive €34.4 billion by the end of this year, staving off bankruptcy and a Grexit.
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Athens -
The much anticipated Troika report on Greek debt has been described as largely positive. Greece has been given a two year extension to reform the economy, but the next bailout tranche has been delayed.
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Athens -
As Greek Prime Minister Antonis Samaras prepares for a meeting with Euro Group President Jean-Claude Juncker on Wednesday, he told German newspaper Bild Greece needs "breathing space" to implement further spending cuts and reforms.
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Athens -
Luxembourg's Prime Minister Jean-Claude Juncker, head of the Eurogroup, has warned Greeks not to turn their back on the euro zone, saying the consequences of a radical left victory would have unforeseeable consequences for the monetary union.
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