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Lagarde Hails ‘Very Encouraging News’ From Athens on Austerity

February 09, 2012, 11:26 AM EST

By Patrick Henry

Feb. 9 (Bloomberg) -- Christine Lagarde, a former French finance minister who’s now the International Monetary Fund’s managing director, hailed the “very encouraging news” from Athens on an austerity agreement. She spoke to reporters in Brussels today.

To contact the editor responsible for this story: Patrick Henry at phenry8@bloomberg.net

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