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Still no deal with Greece's creditors

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Published on Jan 23, 2012

http://www.euronews.net/ Eurozone finance ministers have rejected an offer made by Greece's private creditors on cutting the cash strapped country's debt as "insufficient".




After talks to convince the banks and investment funds into accepting big losses, the ministers said they were still asking too much.




But Eurogroup President Jean-Claude Junker stressed he had confidence a deal could be made before Greece faced defaulting on its debt and a possible exit from the eurozone.

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