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Eurozone Finance Chiefs Delay Greek Bailout Following Protests

HeadlineFeb 15, 2012

European finance ministers have canceled a key meeting on Greece’s financial crisis, saying Greek officials have failed to meet all the required conditions for a massive bailout. Greek lawmakers approved a second austerity measure on Sunday that would lead to massive public sector layoffs and benefit cuts. But eurozone finance ministers say Greek leaders have failed to offer assurances the austerity measures will be implemented following massive protests in the capital, Athens.

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