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How $12 million a year Goldman Sachs executive helped Greece join Euro despite debt criteria outside Maastricht rules

Educated during the 1970s at Cheltenham Ladies College, one of Britain’s finest schools, Antigone Loudiadis played a leading role in assisting Greece’s entry to the Eurozone at the height of her career, netting Goldman Sachs $500 million by disguising the country’s debts to keep within the EU’s strict Maastrict rules for membership

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“The euro is the loser from Greece” – Guest Editorial

“Creditors can either retain their demands for a deal that does not involve debt relief (which won’t be accepted) or cede to the will of the Greek people and renege on their ‘red line’ that has been in place since the start of current negotiations” – Simon Smith, Chief Economist, FxPro

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European officials reject Greek bailout appeal

Dutch Finance Minister Jeroen Dijsselbloem said it would be “crazy” to extend the Greek bailout beyond its midnight expiration as Athens was refusing accept the European proposals on the table

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