Fitch sees default ahead for Greece
Eurozone leaders have agreed to a €109 billion ($156 billion) bailout deal for Greece, which some rating agencies say could trigger a default on its debt, the first euro area sovereign to ever do so since the single currency was established.
Following lengthy talks in Brussels on Thursday, eurozone leaders announced a comprehensive package for Greece, which included provisions for involvement from the private sector to significantly reduce the amount of Greece's outstanding debt. According to
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