Yields on two-year Greek bonds rose to their highest level since June 2016 yesterday as the International Monetary Fund (IMF) and European Union (EU) failed to reach an agreement on lending the €7bn the country needs to avoid bankruptcy.
The Financial Times reports the IMF refuses to sign up to the aid programme unless the EU grants further debt relief to Greece. However, the head of the eurozone's €500bn rescue fund has rejected this...
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