June 20, 2011

Markets slip after no final deal on Greek aid

The markets were in jittery mood once again Monday after eurozone finance ministers failed to agree to release the next bailout loan installment to Greece -- money that is needed to prevent a debt default that could trigger financial chaos. Eurozone finance ministers are meeting a second day Monday about the Greek debt crisis. Talks overnight did not produce a final agreement on the new loan money, or on a broader, second bailout expected in cooperation with the International Monetary Fund.

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