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Tuesday, December 4, 2012

Bundestag OKs latest Greek debt deal.

Germany's Bundestag has approved by 473-100 the latest Greek debt deal, which the Troika agreed to earlier this week. The vote is a further step towards the country receiving €44B in bailout cash and staving off eurogeddon, for now. The overwhelming approval comes despite the lack of details provided and concerns that eurozone countries will be forced to take losses on their Greek debt.

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