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Greek crisis: It is now Sunday or bust

If a parallel currency emerges that will be the beginning of the end

By George Magnus  

Tsakalotos waits for the start of a round table meeting of eurozone finance ministers at the EU LEX building in Brussels. © Virginia Mayo/AP/Press Association Images

The claims before the referendum that a win for OXI would strengthen Greece’s negotiating position, lead to an agreement within 48 hours and to a re-opening of the banks have proven to be hollow. European leaders have in effect started a countdown to…

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