A man prays before his lunch at the Orthodox church "Galini" foundation soup kitchen in Athens, Greece in this March 19, 2015 photo. REUTERS/Yannis Behrakis
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The Greek Prime Minister Alexis Tsipras sat on one side, along with a translator and Angela Merkel, the German chancellor.Tsipras' call for a referendum infuriated finance ministers from the eurozone, whose meetings are known as the Eurogroup. They and the International Monetary Fund had previously rescued Greece from its mountainous debts with massive bailout programs; the latest was due to end on June 30, when Greece also had to pay 1.6 billion euros to the IMF. Whether Tsipras felt emboldened by divisions among Greece's creditors is unclear.Merkel and Hollande dangled the prospect of more than 15 billion euros of loans in installments over the next five months if Tsipras agreed to creditors' proposals.
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