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URGENT: Banks agree to 50-per-cent Greek haircut at EU summit

THURSDAY, OCTOBER 27, 2011
URGENT: Banks agree to 50-per-cent Greek haircut at EU summit
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Brussels - Eurozone leaders and banking negotiators have agreed that lenders will take a 50-per-cent cut on their Greek debt holdings as part of a solution to the eurozone debt crisis, diplomats said early Thursday. //DPA

 

 
 
 
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