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February 12, 2015

Greece, Creditors Fail to Reach Deal in 1st Round of Bailout Talks 
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Greece has failed to reach an agreement with European creditors
following an opening round of talks in Brussels. The Greek Syriza
government wants to revise the terms of its international bailout
following last month's historic election victory on an anti-austerity
platform. Greek Finance Minister Yanis Varoufakis said he remains
confident a deal can be reached when negotiations resume next week.

Greek Finance Minister Yanis Varoufakis: "We heard many different,
interesting opinions. We had the opportunity to table our views, and now
we are proceeding to the next meeting, which is in very few days, on
Monday, hoping that by the end of that one there is going to be a
conclusion to the deliberations in a manner that is optimal from both
the perspective of Greece and our European partners."

 

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