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(Image from article: "Greece Secures Second Bailout")

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Greece Secures Second Bailout

Greece Secures Second Bailout

Greece has secured a second bailout from the European Union and the International Monetary Fund, and it too will be on the order of €110 billion, Prime Minister George Papandreou said.

 

Greek prime minister offers to step down amid power-sharing talks and protests

Greek Prime Minister George Papandreou offered on Wednesday to step down and make way for a national unity government provided it supported EU/IMF bailout plans, government sources said.

 

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