In June 2015 the negotiations between Athens and Brussels regarding the terms of financial aid for Greece broke-down. Negotiations over the previous five months were contentious and ill-tempered, as both sides refused to back-down. As the deadline of June 30 came and went – when Greece was due to make their next repayment to the International Monetary Fund – no deal was reached, and Greece became the first European state to default on a payment to the IMF.

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