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    Greek premier defends bailout deal, painful cuts (AP)

    Sun, 02/12/2012 - 01:42 EDT - Yahoo! Business News
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    A protester wearing a Greek flag sits in front of riot police during a rally outside the Greek Parliament in Athens, Saturday, Feb. 11, 2012. The leaders of the two parties backing Greece's coalition government called on their deputies Saturday to back legislation that calls for harsh new austerity measures - essential if Greece is to get a new bailout deal worth euro 130 billion ($171.6 billion) and stave off bankruptcy. (AP Photo/Thanassis Stavrakis)AP - Warning of a "catastrophe" that would leave Greeks subsisting on food stamps and the country wallowing in bankruptcy, Greek leaders urged lawmakers Saturday to pass more painful spending cuts on the eve of a crucial vote to qualify for a massive bailout.

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