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    Created in : 09-02-2012 16:54:16

    Greek political leaders agreed to a package of austerity reforms Thursday, marking the first step toward securing much-needed bailout funds. Greek Prime Minister Lucas Papademos said in a statement that there was "general agreement" on measures aimed at cutting public spending. The reforms are a precondition for Greece to receive a second bailout worth €130 billion from the European Union, International Monetary Fund and European Central Bank, known as the troika.

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