French Prime Minister Bernard Cazeneuve (L) meets with his Greek counterpart Alexis Tsipras at the Maximos Mansion in Athens, Greece March 3, 2017. REUTERS/Michalis Karagiannis
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Greece is seeking help from France, its close ally in the 19-country eurozone, as it seeks to overcome stubborn sticking points in its bailout talks and return to international bond markets later this year.Cazeneuve met Prime Minister Alexis Tsipras and described recent improvements in Greek economy as "spectacular," while Sapin said France was working to keep the International Monetary Fund in the Greek rescue program.Greece has been dependent on bailout loans from its partners in the eurozone and the IMF since 2010 and has repeatedly relied on French support to keep negotiations with bailout lenders from collapsing.In 2014, Greece did manage to stage a one-off return to bond markets with a 3 billion-euro ($3.1 billion) auction of 5-year-bonds, but has since struggled with renewed political uncertainty and high interest rates.
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