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Greek debt: Talks to resume as deadline beckons

Greek debt talks are resuming after creditors accused the country's Prime Minister Alexis Tsipras of failing to compromise.

Greece faces a 1.6 billion euro debt repayment to the International Monetary Fund on Tuesday, and is thought to require a new deal to avoid default and a possible withdrawal from the eurozone.

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Greek politicians react angrily to debt proposals

Greek politicians have reacted angrily to proposals submitted by the government to creditors to solve the debt crisis.

Greek protesters rally yesterday. Credit: Reuters

European leaders have cautiously welcomed the proposals - which include halting early retirement, increasing VAT on certain items and upping tax contributions - with some suggesting a deal could be reached this week.

But the Greek parliament's deputy speaker, Alexis Mitropoulos, warned that the plans would be difficult to pass.

"I believe that this program as we see it ... is difficult to pass by us," he told Greek TV.

If parliament fails to approve the offer, the Greek Prime Minister Alexis Tsipras may be forced to call a snap election.

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