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The President of the European Commission Jean-Claude Juncker rebuked Greek Prime Minister Alexis Tsipras for misleading the Greek public, during an address from Brussels, Tuesday. Juncker started his statement by saying that "I do not care for the Greek government, I care about the Greek people", before accusing the Syriza government of misrepresenting the proposals made by the European Commission (EC). Juncker said that he did propose cuts to Greece's defence budget in the place of VAT (value added tax) being raised on medicine and electricity. Tsipras' allegedly misrepresented the position of the EC, saying in his address that the EC had proposed adding 10 percentage points to VAT. Since Syriza's election, Greek authorities and the institutions have been negotiating for five months to unlock the €7.2 billion ($8bn) of rescue funds it needs to pay the IMF. The bailout extension ends on June 30. If Greece fails to meet the deadline, it faces default and exit from the eurozone. The quarrel between Greece and its creditors has made the prospect of a deal being struck at Thursday's eurozone finance ministers' meeting less likely. Earlier on Tuesday, German Chancellor Angela Merkel vowed to battle to prevent a Greek exit from the eurozone, using all of her powers.
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