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US urges 'serious move' from Greece in debt talks

The call came as relations between Greece and its official creditors — the International Monetary Fund, the European Central Bank, and the European Commission — sank to a new low Tuesday, raising fears that the country would default on its debt and exit the euro area. Talks between Greece and the creditors over the release of 7.2 billion euros ($8.1 billion) of bailout funds to Athens have ground to a halt this week over the conditions for the funding.

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