 The Associated Press | Reaction to Greek Deal Wall Street Journal (blog) The deal also trims Greece's debt, through a mix of interest-rate cuts on loans to Athens, a buyback of Greek debt at sharply discounted prices, and the European Central Bank returning profits linked to its holdings of Greek bonds to the Greek government. Greek debt deal sends world shares higher Euro Chiefs Claim Greek Progress, Seek to Persuade ECB, IMF Greek bankruptcy averted _ for now |
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