Luxembourg will take over the EU´s helm in times of high uncertainty as the Greek crisis has sent political and economic shockwaves across the Union. Greek Prime Minister Alexis Tsipras called a referendum for 5 July after five months of heated negotiations failed to seal a cash-for-reforms deal. Without the international lenders´ funds, Greece would run out of cash to cover its financial obligations (€9.3 billion until August). Moreover, the EU leaders warned Tsipras and the Greek people that a…
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