Friday, November 9, 2012

TEXT-Fitch:Vote cuts Greek exit risk,onus now on official creditors

The Greek parliament's approval of an additional EUR13.5bn of austerity measures shows that the near-term risk of Greece leaving the eurozone has receded, Fitch Ratings says. But Greece needs further debt relief, the burden of which will fall on official sector creditors, if public debt sustainability is to be brought back on track.


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Reuters