Eurozone nations were cautiously optimistic on Monday that a deal on Greece's bailout was finally within reach this week, amid fears the country might otherwise default on its debts and fall out of the euro. With leaders from the 19 single currency nations gathering in Brussels, financial officials gave a tentative endorsement to new Greek proposals for spending cuts and reforms they would make in exchange for billions of euros in fresh loans. The need for a deal could not be more pressing.
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