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EU Finalizes Latest Greek Deal

  • 21.02.2012
  • By Geofrey T. Smith, Ainsley Thomson & Costas Paris
EU

Euro-zone finance ministers early Tuesday agreed to an ambitious €130 billion ($172.1 billion) rescue deal that will see Greece's private creditors take an even larger loss in order to put the debt-laden country on a sustainable footing and avert a catastrophic default.

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