Greece Gets a Lifeline?

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Quartz Daily Brief, June 19, 2015

Greece gets a lifeline? 

The European Central Bank holds an emergency meeting to decide whether to boost crucial liquidity supportto Greek banks, which are leaking deposits as nervous savers drain their accounts. After euro finance ministers failed to agree on a new bailout deal yesterday, an emergency (there’s that word again) meeting of European leaders has been called for Monday, to “restore a dialogue with adults in the room,” as IMF chief Christine Lagarde put it.


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