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Greece Reaches Deal for Rescue Package

Greece Reaches Deal for Rescue Package

Greece reached agreement with the European Union and the International Monetary Fund on rescue loans to keep Athens from defaulting on its debts, a deal that will impose harsh cuts on the county's 11 million people for years.

 

Euro-Zone Nations Offer $40 Billion to Greece

Euro-Zone Nations Offer $40 Billion to Greece

Euro-zone finance ministers unanimously approved a detailed emergency aid mechanism for Greece but stressed that the country had not yet requested a bailout.

 

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