Draghi joins calls for Greek debt relief as Lagarde slams bailout plan

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European Central Bank president Mario Draghi has joined the ranks of policymakers calling for Greece to be given debt relief as the central bank extends its liquidity lifeline to the country's banks.

Speaking at the ECB’s press conference yesterday, Draghi said it is “uncontroversial” to say Greece is in need of debt relief. The view aligns him with the International Monetary Fund and even the...

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