Greek talks postponed to Tuesday

Note: This section contains information in English only.
Source: Marketwatch
Debt swap talks between Greek PM Papademos and three Greek parties leaders have been postponed until Tuesday as premier plans to meet with involved creditors, reported Associated Press on Monday, European officials, including Chancellor Merkel and President Sarkozy, have pressed Greek government to commit more quickly to austerity measures which are necessary to receive a second bailout package. Greece is likely to default without international aid.


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