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    Greek parliament passes debt swap plan

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    euronews (in English)

    by euronews (in English)

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    The parliament in Athens has approved measures to reduce Greece's public debt which form the central pillar of a rescue plan to stop the country going bust.

    It is hoped private investors will swap their current government bonds for lower returns, slicing 100-billion euros from the Greek debt burden.

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    http://www.euronews.net/