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Papademos: Greece wants PSI, new bailout deal by week’s end
The Greek government wants to conclude negotiations for a private sector debt reduction deal and for a new bailout package from its public sector creditors by the end of this week, Prime Minister Lucas Papademos said late Monday night. Speaking at a press conference here in Brussels after the end of the EU summit and following a meeting with EU and ECB officials, the Greek prime minister said that debt restructuring negotiations with the Institute of International Finance, which represents private creditors, are attached to concurrent talks with the troika — inspectors from the European Commission, IMF and ECB — ... (full story)
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