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AOL.com Video - Greece Avoids Default with Bond Success

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VIDEO:News

Greece Avoids Default with Bond Success

Description:Greece has averted the immediate risk of an uncontrolled default by winning strong acceptance from its private creditors for a bond swap deal which will eat into its mountainous public debt and clear the way for a new international bailout. (2:41)

Source: Reuters

Tags: Greece Avoids Default with Bond Success , European economy , eurozone , greece bonds

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