The Day Today 20 July 2015

GREECE

* Merkel on extending maturities and reducing interest rates “we can now talk about such possibilities again. . . Once the first successful review of the programme to be negotiated has been completed”. But a “classic haircut of 30, 40 per cent of debt cannot happen in a currency union”
* European Commission had prepared a report on Grexit covering 200 issues that . . .

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