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Coalition leader in Greece: Bailout terms are dead



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Assuming his coalition can actually form a government, this could get interesting. The previous bailouts never sounded realistic and continued to be more about the banks than the people of Greece.

Alexis Tsipras, who was given a mandate on Tuesday to form a government after his party came in second, said banks should come under state control and called for an international commission to investigate whether Greece's debt is legal.

"The popular verdict clearly renders the bailout deal null," Tsipras told reporters.

Greece's Left Coalition party will get an historic chance on Tuesday to form a government opposed to the country's EU/IMF bailout, after the mainstream conservatives failed to cobble together a coalition following shock election results.


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