Fri, Oct 19, 2012 - Page 7 News List

Violence erupts at Greek protest


After more than a month-and-a-half of arguing, a deal seems close. On Wednesday, representatives from the EU, IMF and European Central Bank, said there was agreement on “most of the core measures needed to restore the momentum of reform” and that the rest of the issues should be resolved in coming days.

Greece is also seeking a two-year extension to its economic recovery program, due to end in 2014. Without the extension, it would need to take 18 billion euros worth of measures instead of the 13.5 billion euros it is currently negotiating.

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