KTEP - El Paso, Texas

Greece Agrees To New Deal With EU Partners, IMF

Nov 27, 2012
Originally published on November 27, 2012 5:31 am

The agreement will see Greece cut its debt by $51 billion, clearing the way for new loans of around $60 billion. Analysts say this makes it unlikely that Greece will default on its debt or pull out of Europe's currency, the Euro.