Critical last-ditch talks to form a coalition government in crisis-struck Greece floundered once more yesterday, leading the country one step closer to new elections, although the socialist party leader said he retained "existing but limited" optimism for a deal.
The political uncertainty has alarmed international creditors who have given Greece billions of euros in bailout loans over the past two years, and has thrown the country's continued presence in the European Union's joint currency into serious doubt.
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