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                    [Title] => Greece secures debt deal, averts default
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Greece’s private creditors agreed Friday to take cents on the euro in the biggest debt writedown in history, paving the way for an enormous second bailout for the country to keep Europe’s economy from being dragged further into chaos.
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Greece has cleared a major hurdle in its race  to avoid bankruptcy by persuading the vast majority of its private  creditors to sign up to the biggest national debt writedown in history,  paving the way for a second massive bailout.
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Greece and its private investors are close to a  deal that will significantly reduce the country's debt and pave the way  for it to receive a much-needed €130 billion bailout.
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CHARLES DALLARA

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                    [Title] => War of words over Greek debt heats up
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abtest

Greece secures biggest debt deal in history

March 11, 2012 - 3:00am

Greece's private creditors agreed Friday to take cents on the euro in the biggest debt writedown in history, paving the way for an enormous second bailout for the country to keep Europe's economy from being dragged...

Greece secures debt deal, averts default

March 11, 2012 - 12:00am

Greece’s private creditors agreed Friday to take cents on the euro in the biggest debt writedown in history, paving the way for an enormous second bailout for the country to keep Europe’s economy from...

Business

Greece secures biggest debt cut in history

March 10, 2012 - 1:00am

Greece has cleared a major hurdle in its race to avoid bankruptcy by persuading the vast majority of its private creditors to sign up to the biggest national debt writedown in history, paving the way for a second...

Greek crisis talks for debt deal pushed to Monday

February 6, 2012 - 5:18am

Crisis talks on a debt deal for Greece among the three leaders of parties supporting the coalition government were suspended and will continue Monday.

Private investors near deal on Greek debt

January 29, 2012 - 7:00am

Greece and its private investors are close to a deal that will significantly reduce the country's debt and pave the way for it to receive a much-needed €130 billion bailout.

War of words over Greek debt heats up

January 25, 2012 - 6:00am

The war of words between Europe and private investors heated up yesterday as talks to reduce Greece's massive debt burden hit an impasse.

APNewsBreak: Eurozone to boost bailout fund

October 25, 2011 - 5:05am

The 17-nation eurozone is set to shore up its bailout fund to contain the debt turmoil that threatens to engulf more countries across Europe, and German lawmakers said yesterday the plan could boost the fund's...