EU stance shifts on Greece default
07/10/11 10:55 PM, EDT
European leaders are for the first time prepared to accept that Athens should default on some of its bonds as part of a new bail-out plan for Greece that would put the country's overall debt levels on a sustainable footing.
Read the full story at http://www.cnn.com/2011/WORLD/europe/07/10/eu.greece.default.ft/index.html
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