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Intense Greek talks for debt deal continue

Quick ReadIntense Greek talks for debt deal continue, government vows deeper spending cuts

Photo credit: AP | IMF chief debt inspector Poul Thomsen member of the so-called troika of Greece's creditors _ the European Union, the European Central Bank and the International Monetary Fund _ leaves the prime minister's official residence after meeting with Greece's Prime Minister Lucas Papademos in Athens, Greece on Sunday, Feb. 5, 2012. The troika demanded tougher austerity measures, private sector pay cuts and firings of civil servants. At stake is a new euro130 billion ($171 billion) bailout deal without which Greece will default before the end of March. (AP Photo.Kostas Tsironis)

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(AP) -- Parties backing Greece's coalition government will hold a second day of emergency talks Monday on an austerity deal with rescue creditors, after an intense weekend of negotiations failed to produce a breakthrough needed to avert bankruptcy in March.

Prime Minister Lucas Papademos will meet with negotiators from the eurozone and the International Monetary Fund in the afternoon and then...

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