Summer weekends in Greece aren’t usually known for tense, high-stakes drama. But in the last two days, a breakdown in negotiations between the country and its European creditors indicated that the country’s long-simmering economic crisis is approaching a breaking point. The circus began on Saturday, when Prime Minister Alexis Tsipras announced plans for a July 5 popular referendum on whether Greece would accept the bailout terms imposed by the Europeans.

 

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