Wednesday, February 8, 2012

Greek party leaders seek deal as bankruptcy ... - The Finance Room

on February 7, 2012 2:10 pm in Business News / no comments

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Pedestrians walk across the tram lines at Athens' main Syntagma square, during a 24 hour strike on Tuesday, Feb. 7, 2012. A general strike against the impending cutbacks stopped train and ferry services nationwide, while many schools and banks were closed and state hospitals worked on skeleton staff. Heads of the three parties backing the interim government will confer with Prime Minister Lucas Papademos on new income cuts and job losses, which Greece's eurozone partners and the International Monetary Fund are demanding to keep the country's vital rescue loans flowing. (AP Photo/Dimitri Messinis) Greek party leaders will seek Tuesday a long-delayed agreement on harsh cutbacks that bailout creditors demanded to save the country from bankruptcy but which have fueled nationwide outrage ? a general strike snarled public services and thousands of protesters took to the streets of Athens.

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Source: http://www.financeroom.net/?p=253720

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