Associated Press
Greek Prime Minister Lucas Papademos arrives for a cabinet meeting at the Parliament in Athens on Friday, Feb. 24, 2012. Greece is planning to launch a public offer for a massive bond swap designed to knock 107 billion euros  ($142 billion) off its debt held by banks and other private investors. The formal announcement is expected after a Cabinet meeting Friday, which will also discuss implementation of the debt-crippled country's new austerity program. (AP Photo/Kostas Tsironis)

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