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Markets buoyed by news of Greek debt deal
Markets were shored up by the news that Greece's party leaders agreed a deal on new cuts that are necessary for the country to get crucial bailout funds.Greece needs the euro130 billion ($172 billion) of bailout money and a euro100 billion reduction of its private sector debt to avoid defaulting on its debts next month when a big bond repayment is due — a scenario that could send shock waves
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