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Papandreou Meets Cabinet on Crisis as U.S. Trip Canceled

Greek Prime Minister George Papandreou canceled a U.S. visit that was to begin today, saying he needed to remain in the country for a “critical” seven days as European Union creditors prepare to judge whether budget measures will be enough to avert a bond default.

The premier met with his cabinet today in Athens after a gathering of European Union finance ministers ended yesterday in Wroclaw, Poland, with demands that Greece meet the terms of an international bailout.