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ATHENS — Global financial markets received a reprieve on Thursday after Greek political leaders agreed to sweeping new austerity measures that should unlock the financing Greece needs to avert a potentially damaging default in March.
Growing concern over these transactions have made investors more doubtful than ever about the government's ability to quickly secure tens of billions of euros in new financing it needs to avert default.
Greece's so-called troika of foreign lenders — the European Commission, the European Central Bank and the International Monetary Fund — has demanded the austerity measures in exchange for about $170 billion in bailout money that Greece needs to avert default.
Deepening doubts on that score, finance ministers from the euro zone on Monday demanded a letter from the two leading Greek political parties confirming their commitment to the loan deal before releasing the $11 billion Athens says it needs to avert default on its debts next month.
Lack of adequate infrastructure is one of the causes of pollution in the city and several measures have been taken to ensure that the city can have the infrastructures it needs to avert future disasters.
The senator from Texas is favored to win most of Wisconsin's 42 GOP delegates, making it harder for Trump to capture the 1,237 he needs to avert a floor fight in July.
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Urgent action was needed to avert crisis.
Then governments would take the losses via bailouts needed to avert financial collapse.
Mr. Gaffney said the actions were needed to avert a $111 million budget shortfall next year.
Another claim is that new capacity is desperately needed to avert economic catastrophe.
Mr. Gaviria said a national dialogue is needed to avert further unrest.
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