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World Business Report: Third time lucky for Greece?

21/08/2013

Third time lucky for Greece?

BBC World Service - World Business Report, Third time lucky for Greece?

It looks increasingly likely that the heavily indebted country will need a third bailout

There's increasing talk, started by Germany's finance minister, that Greece is heading for a third bailout, and Qatari-owned Al Jazeera starts broadcasting in the US.

There's increasing talk, including from Germany's finance minister Wolfgang Schauble, that Greece is heading for yet another bailout - it's third. We speak to a Greek government minister. American households have got a new TV news channel - Qatari-owned Al Jazeera America started broadcasts in the US on Tuesday night, but the launch hasn't gone smoothly. We look ahead to the minutes of the latest US Federal Reserve meeting and any signs of when quantitative easing might be wound up. Phil Mercer reports from Sydney on one of the biggest issues in the Australian election - immigration. And a limited edition pack of stamps marking the birth of royal baby Prince George is issued.

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