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Eurozone ministers agree deal on Greece bailout
by Alex Steger on Nov 27, 2012 at 07:52
Eurozone finance ministers and the International Monetary Fund have reached a deal on an urgently needed bailout for debt-laden Greece, according to reports.
The BBC reported the minister have agreed to cut debts by 40 billion euros (£32bn) and have paved the way for releasing the next tranche of bailout loans, around 44 billion euros.
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