Europe bets €71.5bn bail-out on PSI outcome

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Europe bets €71.5bn bail-out on PSI outcome

The success of the Greek bail-out was dumped in the lap of the Greek Private Sector Initiative on Thursday when the Eurozone finance ministers decided to withhold €71.5bn of Greece’s €130bn bail-out package dependent upon its outcome. Yet that outcome is unclear with the result still a week away.

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