Tuesday November 20,2012
By Emily Fox
EU officials are finally set to reach a political accord over the 44billion euro Greek bailout fund today - an agreement which has eluded them thus far.
A discussion among the 17 finance ministers of the eurozone is currently underway as they look to sign off the multi-billion euro rescue fund.
The eurozone ministers had hoped that they would be able to sign a deal last week but talks descended into a farce as the officials failed to reach an agreement on how to deal with the crisis.
Laboring under a mountain of debt and facing a gaping budget deficit, Greece has been relying since 2010 on international bailout loans, under terms supervised by the so-called troika - the International Monetary Fund, the European Central Bank, and the European Commission.
Meanwhile in France, the economy faced a battering after its AAA cr
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