Greece Pushes Forward With Measures Opposed by Creditors (The Wall Street Journal)

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ATHENS—Greece refused to back down in its rapidly escalating conflict with creditors, as lawmakers on Thursday passed measures to loosen the purse strings in a move that has angered Germany.

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Greece Heads Toward New Crisis in Debt Saga as Support for Tsipras Slumps (The Wall Street Journal)

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ATHENS—Greece’s crisis is approaching a potential breaking point after a year of relative calm, as a government with declining political stamina confronts creditors’ unyielding demands.

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Greek Court Rejects Turkish Request for Extradition of Two Army Officers (The Wall Street Journal)

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ATHENS—A Greek court rejected Turkey’s request to extradite the last two of eight military officers who fled to Greece in the wake of the failed coup attempt in their country, officials said.

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Eurozone Finance Ministers Agree to Some Debt Relief for Greece’s Bailout (The Wall Street Journal)

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BRUSSELS—Eurozone finance ministers, seeking to get the International Monetary Fund to participate in Greece’s bailout, agreed on a package of short-term measures that could ease the country’s debt load by around a fifth in 2060.

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Cypriot Leaders Agree to Restart Reunification Talks (The Wall Street Journal)

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Negotiations to reunify ethnically divided Cyprus are back on track, according to the United Nations, after they nearly fell apart two weeks ago.

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Greece wants to conclude EU/IMF review, won’t accept ‘irrational’ demands: PM (Reuters)

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Greece wants to conclude its bailout review but cannot accept what it sees as irrational demands on labor reform or for extra austerity, Prime Minister Alexis Tsipras said on Wednesday, in his first speech to lawmakers after a cabinet reshuffle.

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Hopes Dashed for Deal to Reunify Cyprus (The Wall Street Journal)

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Hopes for a deal to reunify Cyprus this year were dashed in the early hours of Tuesday, when negotiations prepared for months failed over entrenched disagreements.

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Cyprus, crisis and the bank that came back from the brink (The Guardian)

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Only three years ago, Bank of Cyprus was on the critical list. It had been forced – under the terms of a €10bn bailout of the country – to seize cash from its savers and was being kept afloat by billions of euros pumped in from the central bank.

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Greek Finance Minister Urges Quick Deal on Debt Relief (The Wall Street Journal)

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ATHENS—Greece’s finance minister warned Germany and other creditors to agree on a debt restructuring in coming weeks, or miss the best chance to bring his struggling country’s seven-year crisis to an end.

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Obama Urges Europe to Address Its Debt Crisis (The Wall Street Journal)

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ATHENS—President Barack Obama urged Europe to resolve lingering issues from its debt crisis, saying on Tuesday that leaders should favor growth over austerity, as part of their response to the rising populism in Western countries exemplified by the election of Donald Trump.

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