Meltdown fears for euro as G20 makes plans for Athens to default on debt

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http://www.independent.co.uk/multimedia/dynamic/00651/STOCK226154_651141k.jpg The world's leading economic powers are moving towards an acceptance that Greece will default on up to half of its €350bn sovereign debts, according to reports from meetings in Washington yesterday. They are believed to be working on concrete plans to deal with these huge losses and their repercussions.

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