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Tuesday, March 10, 2015

Greek Alternative Reality Clashes With Euro Area Losing Patience - Bloomberg Business

Greek Alternative Reality Clashes With Euro Area Losing Patience - Bloomberg Business

“I believe that we are doing our job properly,” Varoufakis said at the conclusion of Monday’s talks. “Our job is to start the process which is necessary for the European Central Bank to have confidence.”
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“If it carries on like this, it’s a road to a car crash,” Andrew Lynch, a money manager at Schroder Investment Management Ltd. in London, told Bloomberg Television. “Both sides need to stop the posturing and get a deal done as quickly as possible because otherwise you just get to a stage where accidents can happen, and accidents at this stage could be very serious.” 

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