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Inspectors from the European Union, International Monetary Fund, and the European Central Bank say Greece is likely to receive in November an 8-billion euro aid tranche it needs to prevent bankruptcy.

The inspectors made the announcement in a joint statement on October 11 after a weeks-long review of Greece's finances. The statement said that while Greece's deficit targets for 2011 are "no longer within reach," additional measures announced will be adequate for 2012.

compiled from agency reports
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