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The International Monetary Fund (IMF) bears criminal responsibility for the situation in Greece, Prime Minister Alexis Tsipras stated during a speech railing against the institutions known as the Troika (IMF, EU, ECB) in Athens, Tuesday. The Greek leader went on to slam the IMF’s “failed recipes” of austerity measures and bailout programmes, as well as the institutions acceptance of their policy “on an a-la-carte basis, taking the harsh measures but not its proposals on debt cancellation.” The Greek prime minister's comments came after The President of the European Commission Jean-Claude Juncker claimed that Tsipras had misled the Greek public by misrepresenting the proposals made by the European Commission (EC). 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.
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