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Eurozone officials are floating a special bank tax to coerce lenders into playing ball to help...

Jul. 19, 2011 7:49 AM ETBy: Stephen Alpher, SA News Editor
Eurozone officials are floating a special bank tax to coerce lenders into playing ball to help solve the Greek debt issue, reports Reuters. As part of the same proposal, Greek bailout loans would be extended out to 30 years and the interest rate cut to 3.5% from 4.5% (was 5.5% originally).

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