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Extra! Hope For Greece Deal After "Intensive Mediation'

Monday's front page of Germany's leading financial daily the Frankfurter Allgemeine Zeitung shows Greek Finance Minister Yanis Varoufakis dashing to a cabinet meeting at the Maximos Mansion, seat of the Greek prime minister. As European Union and Greek leaders struggle to reach a deal to keep Greece in the Eurozone, the German daily describes Varoufakis' untucked and non-ironed shirt as "civilian clothes", above the headline "Intensive Mediation Efforts Before Greece Crisis Summit.

Late on Sunday, European Union leaders also welcomed an 11th-hour proposal from the Greek government, just hours before the crucial summit Monday that could decide the cash-strapped country's future. The news sent European stocks up, though it's still early to say whether a deal will be reached to avoid a Greek debt default.

According to the Greek Reporter, the new reform package from Prime Minister Alexis Tsipras could include capitulations previously branded "taboo," such as ending early retirement and pension cuts.

But the new proposals could spark a political crisis in Athens, where Syriza's right-wing coalition partner ANEL strongly opposes abolishing reduced VAT on Greece's Aegean islands. "If they want to get rid of ANEL from the coalition government, they can bring that measure to parliament and we will vote against it," Defense Minister and ANEL party member Panos Kammenos said Monday morning.

Grexit or no Grexit, the Eurozone is doomed and will eventually have to "integrate or disintegrate," a new study says. Read more from The Daily Telegraph.

ABOUT THE SOURCE: Frankfurter Allgemeine Zeitungis one of Germany's leading dailies, founding in 1949. With a focus on business and finance, the "FAZ" is considered center-right on the political spectrum.

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Society

Do We Need Our Parents When We Grow Up? Doubts Of A Young Father

As his son grows older, Argentine journalist Ignacio Pereyra wonders when a father is no longer necessary.

Do We Need Our Parents When We Grow Up? Doubts Of A Young Father

"Is it true that when I am older I won’t need a papá?," asked the author's son.

Ignacio Pereyra

It’s 2am, on a Wednesday. I am trying to write about anything but Lorenzo (my eldest son), who at four years old is one of the exclusive protagonists of this newsletter.

You see, I have a whole folder full of drafts — all written and ready to go, but not yet published. There’s 30 of them, alternatively titled: “Women who take on tasks because they think they can do them better than men”; “As a father, you’ll always be doing something wrong”; “Friendship between men”; “Impressing everyone”; “Wanderlust, or the crisis of monogamy”, “We do it like this because daddy say so”.

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