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Key talks between Greece and private creditors to resume

Talks between Greece and its private creditors, that could could have an impact on the country's future in the eurozone, are expected to resume on Wednesday.

The two parties are trying to agree loan write-offs of about 50% to help Greece slash its high debt levels.

The talks stalled last Friday as the two failed to reach agreement.

A deal is necessary if Greece is to receive the next part of the bailout cash it needs to pay its debts.

Wendy Urquhart reports.

  • 18 Jan 2012
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