Greece rescue deal nears

  • 14 years ago
World leaders on Thursday demanded tough new measures by Greece to control its debt mountain as officials reported that talks on a 120 billion euro ($160 billion) bailout deal were nearly complete. In Berlin on Wednesday, German Chancellor Angela Merkel had said she hoped talks would be wrapped up in a few days as IMF chief Dominique Strauss-Kahn warned confidence in the entire 16-nation euro area was now "at stake." Duration: 00:58

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