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The Boston Globe

Business

Bank offers signs of hope for Greece

ATHENS — A top European Central Bank official deflected the growing speculation that Greece will require a new financial aid deal, saying on Wednesday it will not be clear for months whether Athens would even qualify for more assistance.

Joerg Asmussen, one of the ECB’s six executive board members, said the easing of Greece’s recession in the April-June quarter provided the first signs of stabilization and that there had been progress in finances.

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