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Schaeuble: Greece has 'no alternative' to austerity

German finance minister Wolfgang Schaeuble on Monday (14 January) urged Greek opposition leader Alexis Tsipras to drop his opposition to bailout-linked austerity measures, saying there is "no alternative" if Greece wants to stay in the eurozone.

It was the first time the veteran minister and ally of Chancellor Angela Merkel received the young leftist leader, who has blamed Germany for the hardships which Greek people are enduring.

"If there are disagreements, it is good to have a ...

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