At last, some sanity in the increasingly desperate Greek debt crisis.
EU leaders are now thinking the previously unthinkable, and considering a plan to let Greece default on some of its private-sector bonds.
If adopted - a full deal is still some way off - it would prepare the way for payment of life-saving financial injections from the EU and other international financial institutions, amounting to perhaps €200 billion (Dh1.03 trillion), to keep the country afloat for the next two years.
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