Will Greece default in 2012?
Greece is under heavy pressure from its creditors to implement further austerity and structural measures if it wants to get a second, €130 billion ($171 billion) bailout, and avoid bankruptcy.
Representatives of Greece’s public creditors — the European Union, the European Central Bank and the International Monetary Fund — have concluded a meeting with Prime Minister Lucas Papademos, who, in turn, will meet the leaders of the three parties backing his three-month-old coalition government Sunday afternoon.
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