BRUSSELS (Reuters) – Euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for Greece Tuesday to avert a chaotic default in March after persuading private bondholders to take greater losses and Athens to commit to deep cuts. After 13 hours of talks, ministers finalized measures to cut Greece’s debt to 120.5 percent of gross domestic product by 2020, a fraction above the target, to secure its second rescue in less than two years and meet a bond repayment next month. …

Quoted from Europe seals new Greek bailout to avoid default on Yahoo! News – Latest News & Headlines

Euro zone finance ministers have agreed a NZ$206 billion rescue for Greece to avert an imminent chaotic default after forcing Athens to commit to unpopular Greece's Finance Minister Evangelos Venizelos arrives for a news conference at a ministry hall in Athens, February 21, 2012. REUTERS/Yiorgos Euro zone finance ministers sealed a €130-billion ($172 billion) bailout for Greece on Tuesday to avert a chaotic default next month after forcing Athens Europe seals new Greek bailout Euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for Greece on Tuesday to avert a chaotic default in March after persuading Tags: europe, seals, greek, bailout, BRUSSELS – Euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for Greece on Tuesday to avert a chaotic default in March after Euro zone finance ministers sealed a €130-billion-euro ($172 billion) bailout for Greece on Tuesday to avert a chaotic default in March after A protester wears a wig with a sticker on it reading 'I need a 50% haircut' as he takes part in a demonstration against austerity measures approved by

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