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Greece to Seek Loan Agreement Extension

Greece was preparing Wednesday to request an extension of up to six months of the current bailout package for Athens, due to expire on February 28. The Greek government has indicated it wants to extend the loan agreement of more than $270 billion without the austerity conditions agreed to by the former center-right government. Germany, the main European creditor, reacted with skepticism, while the European Commission said it would await the Greek proposal. German Finance Minister...

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