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Page last updated at 08:34 GMT, Saturday, 18 June 2011 09:34 UK

Greek roll over 'urgently important'

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Greece's national debt is going to be rolled over, requiring holders of Greek bonds to keep holding them for slightly longer, and avoiding a default that could damage Europe's banks.

Business editor Robert Peston analyses the position for Greek investors.

And former chancellor, Alistair Darling, who signed the first emergency euro bailout for Greece, looks at why the move has been "very very important".


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