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A last minute agreement was reached after banks, the biggest private holders  of Greece’s government bonds, were threatened with a costly full default, according to Luxembourg Prime Minister Jean-Claude Juncker.

Photographer: Jock Fistick/Bloomberg

A last minute agreement was reached after banks, the biggest private holders of Greece’s government bonds, were threatened with a costly full default, according to Luxembourg Prime Minister Jean-Claude Juncker.
October 27, 2011
Article
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