News Alert: Deal reached to give Greece $170 billion more in bailout loans, AP reports

	Monday, February 20, 2012 10:37:01 PM NEWS ALERT Agreement reached to give Greece $170 billion more in bailout loans, AP reports A European Union diplomat says that an agreement has been reached to give Greece $170 billion more in bailout loans and bring its debt down to 120.5 percent of GDP by 2020, according to the Associated Press. A debt level of 120.5 percent of GDP is considered close to the maximum sustainable amount for Greece. Read more at: http://www.washingtonpost.com/business/markets/french-finance-minister-eu-bailout-deal-for-greece-on-track-us-backs-future-imf-role/2012/02/20/gIQAD6qtOR_story.html Or visit washingtonpost.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071 ©2011 The Washington Post Privacy Policy