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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Tuesday, November 27, 2012

Euro officials reach deal to reduce Greek debt





BRUSSELS (AP) — A European Union official tells The Associated Press that a deal has been reached under which Greece's debt would be reduced to 124 percent of GDP by 2020.
The original goal had been 120 percent of GDP.
The agreement would pave the way for indebted Greece to receive the next installment of its much-needed bailout loans.
Mario Draghi, President of the European Central Bank, welcomed the agreement.
"It will certainly reduce the uncertainty and strengthen confidence in Europe and in Greece," Draghi said.


READ THE ORIGINAL POST AT www.sfgate.com