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Germany Holding Up Greek Debt Deal As It Wants Deeper Budget Cuts

February 1, 2012 3:51 PM EST
There are a number of headlines crossing from the WSJ showing continued debate about the Greek debt deal.

Apparently, a Greek private creditor deal is being held up in part because Germany wants deeper cuts to the Greek budget. This comes in disagreement with the IMF.

Stocks ticked slightly lower on the headlines.

The situation remains very fluid with headlines this afternoon saying a deal was "hours away."


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