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Greece gambles on referendum for new debt deal (AP)
Published at 31 October 2011, 21:37 GMT

Greek Prime Minister George Papandreou addresses Socialist members of parliament in Athens, Monday, Oct. 31, 2011. Papandreou says his country will hold a referendum on a new European debt deal reached last week. Papandreou gave no date on other details of a proposed referendum on the deal that aims to seek 50 percent losses for private holders of Greek bonds and provide the troubled eurozone member with euro 100 billion ($140 billion) in additional rescue loans. (AP Photo/Thanassis Stavrakis)AP - Taking a huge political gamble, Greece's prime minister announced Monday that his debt-strapped country will hold a referendum on the new European debt deal reached last week — the first such vote in 37 years.


 
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