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Hollande: Little Time Left for Preventing Greece to Leave the Eurozone

The President of France Francois Hollande declared there is "little time" for preventing Greece to leave the eurozone, BBC reports.

"We have to get to work... everything must be done in order that Greece remains in the eurozone," he said.

According to him the proposals should first of all be discussed on a lower level, before they are presented to the Eurogroup.

As the source informs, Greece must repay more than €1.5bn of loans to the International Monetary Fund (IMF) at the end of June and implement economic reforms to receive about €7bn of bailout funds.

 

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