Euro finance ministers delay Greece deal

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A second financial aid package for Greece has been pushed back to July after European finance ministers on Monday failed to agree on terms of the new bailout agreement.

On Friday, German chancellor Angela Merkel's support for a Vienna Initiative-style arrangement for Greek bondholders looked set to break the deadlock over a deal for Greece, after previous calls from her government for a more rigorous rollover on its debt. However, after a meeting between finance ministers in Luxembourg over the

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