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Europe Came Close to Catastrophe Over Greece, says EU's Tusk

Europe came close to catastrophe as the talks between Greece and its creditors for a new bailout deal last weekend almost failed, European Council chief Donald Tusk said in an interview with a Greek newspaper published on Friday. After 17 hours, the two sides finally struck a deal in the early hours of Monday morning, staving off financial meltdown in Greece and a likely exit from the euro zone currency bloc. Tusk said German Chancellor Angela Merkel and Greece's Prime Minister...

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