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Greeks Hand Finance Ministers Revised Plan to Stave Off Default

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Have Marathon Debt Talks Moved Greece Closer to a Deal?

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The Greek government on Thursday handed over a revised proposal to stave off a default as euro-area finance ministers prepared to reconvene in Brussels.

Finance chiefs must now study the new proposal that just arrived to see if it meets the terms laid out by creditors, Austrian Finance Minister Hans Joerg Schelling told reporters ahead of the meeting.