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Merkel rejects Greek government's bid for further debt relief

German Chancellor Angela Merkel ruled out the possibility of offering Greece more debt relief on Saturday and stated that she doesn't see "a further debt haircut" in the debt-ridden country's future.

The decision came as a blow to the new Greek government as they had promised voters that they would put anti-austerity measures in place and demand neighbouring countries to write off part of its 320 billion euro ($360 billion) debt.

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Greek voters celebrate as leftist party claims victory

Thousands of supporters of leftist Syriza party are celebrating into the night in Athens after the anti-austerity party claimed victory in Sunday's snap election.

Supporters celebrate in Athens after exit polls showed Greece's anti-austerity was on the brink of victory. Credit: Reuters
Alexis Tsipras has pledged to end 'austerity and destruction' after his party's victory. Credit: Reuters
A young girl was among the huge crowd of supporters in Athens on Sunday. Credit: Reuters

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