Mario Draghi
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Mario Draghi: Greek bailout deal struck

The President of the European Central Bank, Mario Draghi, has confirmed that a deal has been struck on a Greek bailout as interest rates are kept on hold.

Greek politicians reached a deal on austerity measures needed for a new 130bn euro ($170bn; £110bn) bailout, Prime Minister Lucas Papademos said earlier.

He announced the deal after days of talks with his coalition partners.

  • 09 Feb 2012