Greece opens bailout, debt swap talks

Greece began a round of talks with the EU, the IMF and bankers on Monday, with negotiators facing a tight timetable to decide key aspects of a new bailout plan to pull the country out of its economic crisis.

Greece began a round of talks with the EU, the IMF and bankers on Monday, with negotiators facing a tight timetable to decide key aspects of a new bailout plan to pull the country out of its economic crisis.

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Inspectors from the EU, the ECB and the IMF arrived at the finance ministry for talks that will also include checking on Athens' slow progress since a first rescue plan, agreed over a year ago in an effort to stem a crisis that has since dragged the whole euro zone into deep turmoil.