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		</div><p>Hopes for a breakthrough in bailout negotiations for cash-strapped Greece have been dashed again and another deadline has been set.</p>
<p>Athens once again failed to get approval from its European creditors to receive the next batch of bailout loans needed to meet a debt repayment this summer.</p>
<p>It also failed to secure an agreement on the sort of debt relief measures it can expect to get when its current bailout programme ends next year.</p>
<p>Without the loans, Greece faces another brush with bankruptcy. The Greek government had hoped that Monday night&#8217;s meeting of the eurozone&#8217;s 19 finance ministers would at least have seen it cleared to get the money after it legislated for further cuts and reforms last week to meet creditor demands.</p>
<p>Greek government spokesman Dimitris Tzanakopoulos said: <i>&#8220;It would be preferable to postpone a decision for a few days, which would give us time to work harder and prepare a better solution, than to take decisions that just move the problem on and do not offer a clear way out.&#8221;</i></p>
<p>The eurozone&#8217;s leading official Jeroen Dijsselbloem said a broad settlement involving the next payout and the outlines of a debt relief deal is close, and could be reached in three weeks when finance ministers from the 19 countries from the single currency bloc meet in Luxembourg on June 15.</p>
<p>While hailing recent progress the Greek authorities have made to implement the reforms and cuts demanded from creditors, Mr Dijsselbloem said certain issues still needed to be addressed.</p>
<p>Time is running out for Greece as without the rescue loans it would struggle to meet a repayment in July of 7 billion euros (£6 billion).</p>
<p>The European Commission, one of the overseers of the bailout, sought to downplay fears that Greece was heading for another financial crisis.</p>
<p><i>&#8220;We are convinced that Greece has delivered,&#8221;</i> said Margaritis Schinas, the commission&#8217;s spokesman. <i>&#8220;Now it is up to its partners to do the same.&#8221;</i></p>
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