Grexit “dead” as €34bn loan agreed

December 13, 2012
Euro Crunch
December 13, 2012

A link from Financial Times

Greece’s creditors have finally approved a long-delayed €34.3 billion ($44.8 billion) tranche of bailout loans, after Greece concluded a bond buyback program that reduces its debt burden. The news prompted the Greek prime minister, Antonis Samaras, to declare that “Grexit is dead.”

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