News Alert: Greece closer to exit from Euro as debt deadline passes

ASSOCIATED PRESS

Greece failed to meet its deadline to pay 1.6 billion euros it owed to the International Monetary Fund on Tuesday, the same day that brought an end to the country's years-long bailout program.

Greece's failure to make the deadline was the first time a developed country missed a payment to the IMF and heightened fears of a Greek exit from the eurozone.

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