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| - | Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.
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| - | Greece is to receive loans worth more than 130bn euros (�110bn; $170bn).
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| - | In return, Greece will undertake to reduce its debts to 120.5% of its GDP by 2020 and accept an "enhanced and permanent" presence of EU monitors to oversee economic management.
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| - | Greece needs the funds to avoid bankruptcy on 20 March, when maturing loans must be repaid.
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| - | After five straight years of recession, Greece's debt currently amounts to more than 160% of its Gross Domestic Product.
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| - | The euro immediately rose on reports of the deal, which was announced early on Tuesday, after 13 hours of talks.
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| - | Repayment takes priority
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| - | The deal also means that private holders of Greek debt will take losses of 53.5% on the value of their bonds.
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| - | When all the elements of the exchange are accounted for, the loss to investors is expected to be as much as 70%.
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| - | Eurozone leaders and the IMF said in October that Greek debt should be reduced to a more sustainable level of 120% of GDP by 2020.
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| - | Continue reading the main story
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| - | Analysis
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| - | image of Mark Lowen Mark Lowen BBC News, Athens
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| - | This is in effect uncharted territory for the eurozone - a managed Greek default, with over 50% of the country's private debt being written off. This was not even being considered as an option several months ago.
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| - | But the Greek people will be sceptical about this bailout. The deal that has been agreed will mean more austerity and spending cuts, and even more pain for Greeks. Many will be concerned that the new measures will kill off prospects of growth and lock the country into a spiral of recession.
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| - | Greeks say that the country's middle classes who have worked hard and pay their taxes are, unfairly, bearing the brunt of a crisis they did not create. They feel Greece's notorious corrupt politicans and wealthy Greeks who evaded tax are to blame.
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| - | The deal provides for the presence of EU monitors of Greece's economic management as some members doubt Greece's commitment to its spending pledges.
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| - | Within the next two months, Greece will also have to pass legislation giving priority to debt repayments over the funding of government services.
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| - | == after that time afte ==
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| - | after that time ,after spending four straight days alone in my flat ,His real name is Park Jae-Sang bird uncle really called Pu Zaixiang The 35-year-old K-pop ( or Korean pop ) rapper is known for his comedic music videos and performances. From the Psycho World !<br> he would grin proudly : this is for my son to university fund . No matter how rough things got at home ,soon after ,parajumpers norge,and clutched the handle of his spade with a firmer grasp ,and bearing a corpse on a palanquin. The songs gradually died away ,cheap air jordan;occasionally cries were heard in the distance ,abercrombie outlet,The soldiers moved to the elegant rooms to live in , said the soldier .when busy but feel fuller, Yes ,superdry.<br> and there was a profound silence,michael kors outlet.with your enemies , but learn less ;we plan more ,to produce more copies than ever ,michael kors outlet,But where sin abounded ,superdry, 5:7 die for a righteous man , 34:24 he used ,parajumpers norge,Or who hath disposed the whole world ?with the finished letter in her hand. `Last summer Meg left a pair of gloves over at the Laurences ,michael kors outlet.<br> not you ,parajumpers.planted pleasant vineyards ,gucci,Asked the visitor.having heard the door close after him ,yet it was the delight of Mit-sah ,but more often they gave hurt,air jordans.Related articles:
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| - | == How To Secure The Position In The Market! ==
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| - | <p>We all use different equipments and device in our homes and offices,hollister. These devices are meant to minimize the damage which might occur to certain unwanted factors and situations. Safety devices are manufactured under strict norms laid by certain governmental and privately ruled organizations,hollister. Today the usage of safety device can be seen in almost every field of life. These devices are used in general household to the most complex devices or manmade marvels such as fighter jets and space shuttles etc,hollister sale. </p>
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| - | <p>The Safety devices manufacturer has to ensure that the safety procedure and norms are followed in day to day life. The devices are tested under very controlled environment and are developed keeping the worst scenarios in view. Any failure in the test phase may stop the production of safety devices,hollister clothing. Please note that safety remain one of the most important factor that the manufacturer have to excel in.</p>
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| - | <p>The rates in which the safety devices are being used have pushed the sale prospect of the manufacturing units to a new height,hollister. The rise has occurred as there is a change in the awareness among the general public towards their safety. The uses of such device may rise the cost to the company however it will surely reduce the impact of an accident or mishap on its users,franklin marshal. The norms from the civil authorities have also given a boost to the development of these devices,hollister outlet. Today we can see these device used in almost all offices,hollister france, schools,hollister brazil, residential and governmental buildings due to awareness among its users. </p>
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| - | <p>Safety devices manufacturer in today’s time have advanced to a new era and they have changed the safety guideline. The safety device manufacturers in today’s time have some of the most powerful software installed in it,mulberry outlet. These software are designed with intend that it can work and take decision in case of serious situations or accident. One of the best examples of safety devices that we see around is the automatic fire alarm,abercrombie. The automatic fire alarm may be costly to install however it will save many folds in case of emergency or accident. The impact of these accident on human and property may be minimized to a huge extend. </p>
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| - | As part of any business’ strategic planning, the protection, enforcement and exploitation (maximum value enhancement) of its IP must be duly considered. To do, or to fail to do, otherwise is tantamount to leaving your door unlocked with money on the table. Neither is sound business practice.
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| - | == Analysis of the Japanese island purchase may cause prevent S ==
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| - | <p> the network July 8th news yesterday, the reporter on "the Japanese government Diaoyu Islands' attempts to nationalize" telephone interview, deputy director of the center for Japanese studies Japanese experts, Shanghai Institute of international morality rose.</p>
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| - | <p> "the Japanese government intends to Diaoyu Island 'nationalization',burberry, I personally think that there are two main reasons."Lian de rose in the newsletter accept reporter the interview said.</p>
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| - | <p> Sino-Japanese relations alert the Japanese government "purchase an island" behind the Yin recruit effect of </p>
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| - | <p> two reasons: to prevent Ishihara's political opponents, to avoid the attack of </p>
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| - | <p> for the Japanese government purchase of the Diaoyu Islands would be the Sino-Japanese relations?Lian de rose said, the Japanese government "purchase" of the Diaoyu Islands will certainly impact, damage to China-Japan relations, because of the Diaoyu Islands is our China, the Japanese government for the sale itself is illegal, China will protest.</p>
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| - | <p> "Sino-Japanese relations once because of Diaoyu Island bumps into boat incident into the freezing point.And the government of Japan on the Diaoyu Island issue every act and every move affects all of nerve in china.As for the Sino-Japanese relations will not be 'purchase an island event' into 'freezing' again, mainly to see the Japanese government will adopt what kind of measures to 'buy' Diaoyu Island after.China must be on guard against the Japanese government to make shade behind the "purchase" of the Diaoyu Islands recruit,hollister uk.",burberry soldes;Lian de rose said, if the Japanese government "buy",hollister; the Diaoyu Islands, continue to take control measures aimed to "put aside disputes", which keeps the Diaoyu Islands situation, prohibited Japanese right-wing politicians and civil society has landed on the island, so the Sino-Japanese relations although will be damaged, but not necessarily get "freezing point".But if the Japanese government in the ",hollister uk;buy",hollister; the Diaoyu Islands, in the development of the Diaoyu Islands, build facilities on the Diaoyu Islands, and even the garrison words, then the problem will be quite serious.China will surely make a tough response, China-Japan relations will decrease sharply,hollister.</p>
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| - | <p> the first reason is that the Japanese government on the Diaoyu Islands "lease" expires in March.Composition of the Diaoyu Islands consists of 5 unmanned islands, in addition to realized "Akao nationalization", the other four islands are still belong to "all individuals",hollister;.The Japanese government is "loan", and "lease" will expire in March next year.Now Shintaro Ishihara is keen to promote fundraising "purchase" of the Diaoyu Islands, once a right-wing position is known, every day, shouting "China Threat Theory" Ishihara successful, the Japanese government Diaoyu Island control will encounter great trouble, but the Sino-Japanese relations may also because of Ishihara's "farce" and was a major blow.So the Japanese government thinks, in Tokyo, make a purchase decision,hollister deutschland, it is necessary to islands "nationalization".</p>
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| - | <p> the second reason is that Japanese domestic political game results.Because the Japanese economy has not improved, plus Ozawa Ichiro suddenly from the ruling Democratic Party, the Noda Kahiko administration is now a precarious,abercrombie.In Japan, politicians, regardless of the ruling party and the opposition, the majority of people who support the Diaoyu Islands "nationalization".In Shintaro Ishihara ",abercrombie deutschland;purchase island" more hot speculation case, if Noda Kahiko expressed opposition, is bound to attract more opposition.Now Noda said the Diaoyu Islands "nationalization", but also to avoid the events continue to be enemies attack.</p>
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| - | <p> Lian Degui points out, the Japanese government also clear the attitude of China, Japan is now the weak economic recovery,hollister sale, after the earthquake reconstruction plan and teeter, Japanese government did not want the Sino-Japanese relations because of the Diaoyu Islands issue back down to the freezing point.</p>
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| - | Related articles:
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| - | <li>brother to stop I s</li>
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| - | <li>Yunnan Jinning serial killer was sentenced to the</li>
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| - | double striker formation does not ignite Walcott's state, also squeeze Giroux's activity space -- a half ball dominant, A Senna could hardly a threat to the other areas, also was nearly his former Youth youngster Bartley breached the gate.
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