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Greece Delivers Austerity Accord to Win Approval for Bailout

Greek political leaders announced agreement on austerity measures, clearing the way for a deal to cut the nation’s debt and win its second rescue in two years.

“Discussions between the Greek government and the troika were successfully completed this morning,” Greek Prime Minister Lucas Papademos’s office said in an e-mailed statement today in Athens. “Political leaders have agreed with the result of those negotiations. Therefore there is a general agreement in the context of the new program ahead of tonight’s euro group meeting.” The statement didn’t include any details.