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Greek coalition reaches basic savings agreement | Business | DW.DE | 27.09.2012

Greece's coalition government has reached a basic agreement on a new round of austerity measures for 2013-2014. It has thus moved a decisive step closer to unlocking fresh bailout funds from international creditors.

The coalition government in Greece announced on Thursday it had agreed on the fundamental points of a multi-billion-euro savings package needed to qualify from a fresh injection of cash from creditors.

"We have agreed on the main points, and we're now moving forward to the final negotiations," Finance Minister Yannis Stournaras (in the picture) told reporters in Athens.

by In Wales (inwales aaat eurotrib.com) on Thu Sep 27th, 2012 at 04:11:19 PM EST
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