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EU Stance Shifts on Greece Default

July 11, 2011

European leaders are for the first time prepared to accept that Athens should default on some of its bonds as part of a new bail-out plan for Greece that would put the country's overall debt levels on a sustainable footing, reported the FT.

Source: http://www.cnbc.com/id/43707609?__source=RSS*tag*&par=RSS
 
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