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Greek Deadlock Has Leader Hoping for Miracle to Avoid Default

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Greece: No Plans For New Proposals to Unlock Aid

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Greece snubbed European pleas to submit a proposal to avert a default, dimming chances of a compromise at a key meeting this week.

Greek stocks fell for a third day on Tuesday on concern time is running out. The country needs to seal an accord or get an extension before the euro area’s bailout expires on June 30, or risk missing payments on its debt of about 313 billion ($354 billion) euros.