Greece has failed to meet its International Monetary Fund (IMF) deadline for a €1.6bn repayment, hours after eurozone ministers refused to extend the country's bailout.
However, the BBC reports ministers say they will today discuss a request from Greece for a new two-year bailout. The report said Greece is the first advanced country to fail to repay an IMF loan and...
Taxes will have to increase after the March Budget if the government plans to honour the spending plans in outlined last year, the Institute for Fiscal Studies (IFS) has warned.
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