Greek political leaders are set to announce agreement on a package of austerity measures, clearing the way for a deal to cut the nation's debt and win its second rescue in two years.
An announcement from Prime Minister Lucas Papademos's office is expected shortly, a government official who declined to be identified said today by telephone.
The accord comes less than four hours before euro-region finance ministers hold an emergency meeting in Brussels to discuss the 130 billion-euro ($172 billion) lifeline and the swap that will impose a loss of about 70 percent for investors.
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