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Wednesday, November 21, 2012

Euro zone, IMF fail to strike Greek debt deal

Luxembourg's Prime Minister and Eurogroup chairman Jean-Claude Juncker talks with Spain's Economy Minister Luis de Guindos at a Eurogroup meeting in BrusselsBRUSSELS (Reuters) - Greece's international lenders failed for the second week running to agree how to get the country's debt down to a sustainable level and will have a third go at resolving their most intractable problem in six days' time. After nearly 12 hours of talks through the night during which myriad options were discussed, euro zone finance ministers, the International Monetary Fund and the European Central Bank failed to reach a consensus, without which emergency aid cannot be disbursed to Athens. ...



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