banks to take \substantial increase\ in greece debt
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Banks to take 'substantial increase' in Greece debt

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Arab Today, arab today Banks to take 'substantial increase' in Greece debt

Brussels - AFP

Eurozone nations agree that banks must share "a substantial increase" in Greece's debt burden, Luxembourg premier Jean-Claude Juncker, who heads the 17-nation eurogroup, said Saturday. "We agreed yesterday that we need a substantial increase of the share which has to be taken over by the banks," Juncker said on arriving for a second day of crunch talks on how to resolve the rumbling euro crisis.

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