All forecasts and opinions on 12 June 2015

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By author
12.06.2015
There is still no progress in the debt talks between Greece and its creditors, and the likelihood for a Greek default rises. The Greek government provided a new proposal this week, but its creditors said that the proposal is insufficient. The culmination of the debt talks was yesterday as the International Monetary Fund (IMF) technical team has left the debt talks in Brussels, saying there were "major differences". News also reported that Germany was preparing for a Greek default. The situation could only change if the Greek government accepts almost all conditions of its creditors.
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