A woman checks bags at a shop in Athens, Monday, July 13, 2015. (AP Photo/Spyros Tsakiris)
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Greece's leftwing Prime Minister Alexis Tsipras faces a showdown with rebels in his own party Tuesday furious at his capitulation to German demands for one of the most sweeping austerity packages ever demanded of a eurozone government.Just hours after a deal that saw Greece surrender much of its sovereignty to outside supervision in return for agreeing to talks on an 86 billion euro ($95 billion) bailout, doubts were already emerging about whether Tsipras would be able to hold his government together. Instead it won conditional agreement to receive 86 billion euros over three years, provided its European partners are satisfied the conditions are met.There is no Grexit," European Commission President Jean-Claude Juncker told a news conference after 17 hours of bargaining.He dismissed suggestions that Tsipras had been humiliated even though the summit statement insisted repeatedly that Greece must now subject much of its public policy to prior agreement by bailout monitors. A eurozone diplomat said it might be closer to 50 billion euros.In a sign of how hard it may be for Tsipras to convince his own Syriza party to accept the deal, Labor Minister Panos Skourletis said the terms were unviable and would lead to new elections this year.
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