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Thursday, March 5, 2015

Greece Struggles to Make Debt Math Work in Bailout Standoff

Greece needs to refinance or repay about 6.5 billion euros ($7.2 billion) in debt and interest in the next three weeks, including Treasury bill redemptions, according to data compiled by Bloomberg. Having lost market access, Greece’s only lifeline is emergency loans extended by euro-area member states and the International Monetary Fund. “There’s no chance the quarrel won’t affect the economy ...


READ THE ORIGINAL POST AT finance.yahoo.com