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EU Eyes Loosening Greece Savings Plan

06/12/2012| 08:06pm US/Eastern
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The euro zone is preparing for negotiations with Greece over a loosening of its cost-cutting program, German daily Financial Times Deutschland reported Wednesday, citing unnamed E.U. officials.

This step is necessary to keep Greece in the euro zone, regardless of the outcome of this weekend's election there, the newspaper said.

Write to Dennis Baker at dennis.baker@dowjones.com

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