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Europe urges Greece to do more, delays bailout cash
Europe delayed the release of bailout funds to Greece on Tuesday, demanding Athens make more sacrifices and warning banks may have to share more of the pain in the crisis threatening theeurozone. Stock markets tumbled after European finance ministers said Greece could wait until early November to receive 8.0 billion euros, the next…
Europe puts off Greece verdict, demands spending cuts
Europe again put off a decision on unblocking promised loans to Greece, ordering Athens to slash government spending, but ruled out Tuesday any default or eurozone exit. Eurozone chief Jean-Claude Juncker said a rescue fund to be used for a second Greek bailout, agreed in July but frozen with auditors…
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