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Antonis Samaras, Greek PM, Talks Of Rebirth As EU And IMF Agree To Release Loans

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EU IMF AGREEMENT
Greek Prime Minister Antonis Samaras, left, arrives for an EU summit in Brussels on Friday, Nov. 23, 2012. The prospect of failure hangs over a European Union leaders’ summit intended to lay out the 27-country bloc’s long-term spending plans. While heavyweights like Britain and France are pulling in opposite directions, smaller members are threatening to veto a deal to make themselves heard. (AP Photo/Yves Logghe) | AP

www.guardian.co.uk:

After months of drama in the eurozone and its own solvency hanging by a thread, Greece reacted with euphoria on Tuesday at the news that international creditors had decided to not only revitalise its rescue programme, releasing long-overdue aid, but cut €40bn (£32bn) from its debt mountain.

Read the whole story at www.guardian.co.uk