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Friday, August 9, 2013

Greece edges towards passing final debt swap hurdle needed for ?130bn bailout

Athens says it may have persuaded up to 75% of private-sector creditors to accept debt haircut needed for rescue Greece has been edging towards a deal with its private-sector creditors as the hours ticked away towards Thursday's deadline for the agreement required to trigger a fresh €130bn bailout for its troubled economy. As the standoff between the government in Athens and bondholders reached ...

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