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Saturday, August 10, 2013

Greek debt talks on knife-edge amid growing IMF pressure on bondholders

Hopes dwindle of deal in time for eurozone meeting after German insistence that investors agree to lower interest rates Hopes of a debt deal between Greece and its private creditors in time for Monday's eurozone meeting have been dashed, amid increased pressure on bondholders to accept bigger losses. After being close to a breakthrough, the high-stakes talks – aimed at averting a Greek default ...

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