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Friday, February 20, 2015

Facts on Greece's request for six-month EU loan

Greece on Thursday submitted a last-minute bid to the European Union for a six-month loan assistance until a new austerity-free reform deal can be worked out with its international creditors. Greece initially insisted on a "bridge" loan, and is now calling for an "extension of the master financial assistance facility agreement" -- namely the contract governing its loan payments from the European ...


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