Thursday, February 9, 2012

Greece accepts austerity plan

Greece reaches austerity deal

ATHENS, Greece (AP) — Greece has reached a tentative agreement on new austerity cuts demanded by creditors to release a euro130 billion ($173 billion) bailout, hours before a crucial meeting of finance ministers in Brussels, Prime Minister Lucas Papademos' office said Thursday.
Comment: It's one thing to make a deal, it is another thing to make sure it gets honored.

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