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Greece agrees on austerity measures

AFP file photo.

AFP file photo.

A deal has been reached among Greek political leaders on additional austerity measures demanded by EU-IMF creditors in return for a loan bailout, European Central Bank chief Mario Draghi said today.

Draghi told a news conference that he had received a phone call from Greek Prime Minister Lucas Papademos just minutes earlier and "he told me that agreement has been reached and has been endorsed by major parties."

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