Business Breakdown: Greek debt talks founder ahead of EU ministers meeting

Mon, 15 Jun 2015

June 16 (BusinessDesk) - Talks between Greece and is European creditors collapsed on the weekend, stoking concern the heavily indebted country is closer to exiting the euro and defaulting on its debt at the end of the month. Eurozone finance ministers are scheduled to meet on Thursday, and European politicians have been hardening their rhetoric. “It won’t work that Greece sets the terms and says everyone has to dance to our tune,” Volker Kauder, of German Chancellor Angela Merkel’s conservatives, was reported as saying. But Greek Prime...

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