News Alert: Greek officials reach austerity deal that could pave way for bailout (corrected)

Thursday, February 9, 2012

   
The Washington PostThursday, February 9, 2012 11:46:08 AM
NEWS ALERT

Greek officials reach austerity deal that could pave way for bailout (corrected)


After days of agonizing negotiations, Greek politicians have reached a deal to make a series of spending cuts in hopes of securing a new international bailout and help the debt-ridden nation avoid default, Prime Minister Lucas Papademos's office said on Thursday.

CORRECTION: A previous version of this alert incorrectly said that a new bailout deal had been reached.



Read more at:
http://www.washingtonpost.com/business/economy/negotiators-reach-deal-over-new-greece-bailout/2012/02/09/gIQA8M9H1Q_story.html



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