Greece's Prime Minister George Papandreou on Thursday hailed "a new era, a new chapter" for the debt-strapped nation after Europe's leaders clinched a breakthrough deal aimed at containing the euro area debt crisis. The deal notably will cut 100 billion euros off Greece's 350-billion-euro debt mountain thanks to an agreement between the eurozone and a banking lobby for banks to take 50 percent losses on Greek debt.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
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