Greece bailout talks

GREECE will decide within weeks on whether to activate an EU and IMF aid mechanism, Prime Minister George Papandreou said.

Athens will start talks with European officials and the IMF tomorrow to clarify details on the deal, which – at an estimated ?45 billion (40bn) in the first year – could be the largest such bailout ever attempted.

Papandreou said: "We will have to make a decision about whether we activate this mechanism in the next few weeks."

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