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Greece Bank Reopen as Tsipras Purges Syriza’s Ranks

HeadlineJul 20, 2015

Greek banks have reopened for the first time in three weeks, just days after the Greek Parliament approved harsh austerity measures in exchange for a new bailout. The Greek stock market remains closed. Meanwhile, Greek Prime Minister Alexis Tsipras has replaced nearly a dozen cabinet members and Syriza party officials who voted against last week’s bailout deal. On Friday, Tsipras ousted the energy minister, labor minister and former government spokesperson, as well as at least eight additional ministers or deputy ministers.

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