Tsipras Hardens Greek Stance After Collapse of Talks
Greece Running Out of Time, Options as Talks Collapse
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Greece and its creditors swapped recriminations over the breakdown of bailout talks, each side hardening its position after attempts to bridge their differences collapsed.
With markets dropping, Prime Minister Alexis Tsipras portrayed Greece as the torchbearer of democracy, standing firm against creditors’ demand for pension cuts. European Commission spokeswoman Annika Breidthardt said that account of the creditors’ position was a “gross misrepresentation of facts.”