July 27, 2012

Leaders agree bulk of new cuts

About 10 of 11.5 bln euros in savings approved by coalition chiefs, to meet again on Monday

Greece’s three coalition leaders agreed on Thursday on how the country is going to make about 10 of the 11.5 billion euros in cuts that the country’s international creditors, known as the troika, are demanding over the next two years. They have arranged to meet again on Monday to decide where the rest of the savings will come from. Read more.

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