New aid for Greece is agreed to on third try

11/27/2012 | Financial Times (tiered subscription model) · Reuters

The latest attempt to bail out the Greek economy won agreement on the third try among international lenders Tuesday, clearing the way for €34.4 billion in aid. Looking ahead, analysts say the deal implicitly recognizes that some form of debt restructuring and forgiveness is likely in the longer term.

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Financial Times (tiered subscription model) · Reuters

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