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Greece to Offer New Bailout Proposal to Its Lenders

Greece was no closer Monday to reaching a new bailout deal with its international creditors, but Greek Prime Minister Alexis Tsipras is set to offer new proposals at a European Union summit on Tuesday. Tsipras spoke by phone with German Chancellor Angela Merkel, Europe's chief advocate for imposing tough austerity measures on the Athens government, on Monday. Their conversation came in the aftermath of a resounding Greek vote Sunday against the lenders' demand for new financial...

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