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Tuesday, August 27, 2013

Greece seeks another bailout but without austerity

ATHENS - Greece has hinted it may need another bailout but without the austerity conditions. Greece Finance Minister Yannis Stournaras told Greek newspaper Proto Thema that the next bailout would be "much smaller" than previous aid packages. "If there is need for further support to Greece, it will be in the order of about 10 billion euros (US$13.4 billion), or much smaller than the previous ...

READ THE ORIGINAL POST AT www.greekherald.com