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Greece coalition talks fail

Greece's politicians have yet again failed to agree a new government, after the latest round of coalition talks.

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Greek president again attempts to create political unity

Greek President Karolos Papoulias Credit: ITV News

Greek President Karolos Papoulias will today try to persuade political leaders to form a government and avert a new election amid mounting concern the country may leave the euro area.

Yesterday Alexis Tsipras, the leader of the biggest anti-bailout party, Syriza, turned down an appeal to join a unity government.

If these attempts to form a coalition fail a new general elections would most likely become the only next step.

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