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Leading German academics will tell Bundestag lawmakers on Monday they approve of new powers for the euro zone bailout fund but Greece will still need to restructure its debt, German daily Sueddeutsche Zeitung reports. more...

German insurer Allianz, owner of the world's largest bond investor Pimco, favors private investors writing off 25-30 percent of Greece's debt, company managers were on Monday quoted as saying. more...