UPDATE 1-Greece denies report that it is preparing for debt default

April 13, 2015 6:45 PM

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ATHENS, April 13 (Reuters) - Greece denied on Monday a report by the Financial Times that it was preparing for a debt default if it did not reach a deal with its creditors by the end of the month and said the negotiations were proceeding "swiftly" towards a solution.

Athens has been kept afloat by bailouts totalling 240 billion euros from the European Union and the International Monetary Fund since 2010, but has not received any loans since last August.

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