Greek Prime Minister Alexis Tsipras (R) and Minister of State Nikos Papas leave the Presidential Palace for Maximos Mansion after a meeting with party leaders in central Athens, Greece, July 6, 2015. REUTERS/Christian Hartmann
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The German government signaled a tough line toward Greece Monday, saying it saw no basis for new bailout negotiations and insisting it was up to Athens to move swiftly if it wanted to preserve its place in the eurozone.With opinion toward Greece hardening in Germany's ruling coalition following the landslide rejection of European bailout terms in a Sunday referendum, the government indirectly raised the prospect of a Greek exit from the currency bloc. Chancellor Angela Merkel's spokesman said it was up to Athens to act so that it could remain in the currency bloc, and Vice Chancellor Sigmar Gabriel went further by saying the Greek government needed to improve on its previous proposals. Merkel, who has worked hard behind the scenes to avoid a Greek exit, finds herself boxed in following the referendum by the increasingly hard line taken by her conservative allies and the SPD.
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