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Greece will do anything to avoid bankruptcy, premier says (Extra)

May 2, 2010, 8:55 GMT

Athens - Greek Prime Minister George Papandreou said he will do anything to avoid the country going bankrupt during a televised cabinet meeting Sunday.

The meeting was held just as Greece concluded a deal with the European Union and the IMF, opening the way for a multi-billion euro financial bailout to be released.

Greek officials were expected to announce details pf the deal immediately after the cabinet meeting. The deal will be the first such rescue of a member of the 16-nation eurozone.



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