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Germany wants private creditors to share burden of new Greek bailout

After first formal admission that Greece needs more bailout funds, German finance minister says bondholders should give the Greeks more time to repay Germany has warned that Greek private creditors will need to roll over the nation's debt if Berlin is to agree a new bailout running to tens of billions of euros in the next fortnight. The ultimatum from Wolfgang Schäuble, the German finance ...

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Source: Guardian Unlimited

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