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  • jeremysikessr jeremysikessr Jan 27, 2012 6:37 AM Flag

    Greece deal now expected!

    European Union Economic and Monetary Affairs Commissioner Olli Rehn said authorities are "very close" to reaching an agreement on a private-sector involvement in Greece this month.

    “The next three days will be very crucial for the future in three years. In other words, We’re just about to close a deal on private sector involvement between the Greek government and the private-sector community,” Rehn said at the World Economic Forum in Davos, Switzerland, today. “Preferably still in January rather than February. We need to have a sustainable solution for Greece. PSI won’t be applied to any other country of the euro zone.”

    Rehn said an agreement may come ``if not today, then over the weekend.''

    To contact the editor responsible for this story: Simone Meier at smeier@bloomberg.net

 
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