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Sunday, November 18, 2012

Eurozone seen delaying Greek aid despite budget approval.

 Greece's parliament last night passed the country's 2013 austerity budget, which the government hopes will clear the way for the Troika to release the latest €31B tranche of its bailout. Eurozone finance ministers are due to discuss the issue at a meeting today, although they're not expected to approve the funds as they first want to agree on how to make Greece's debt more sustainable. The agony continues.

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