Another Round of Talks Set On Greek Bailout

Posted July 15th, 2011 at 2:15 pm (UTC-5)
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Leaders of the 17 nations that use the euro are making another effort to work out an aid package for the Greek economy.

Greece has already gotten about $160 billion in emergency loans, and needs another dose of aid of about the same size.

Eurozone officials have been called to Brussels next Thursday, where they are set to talk about how much of a contribution private investors should make to this effort.

They are also expected to discuss giving Greece and other nations that have been bailed out lower interest rates and more time to repay the loans.