Greek party leaders arrive for crucial debt talks

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ATHENS, Greece (AP) -- Greece's coalition leaders have arrived for crucial austerity talks with the country's prime minister, to review a draft deal on steep cutbacks demanded by creditors in return for a €130 billion ($170 billion) bailout.

Leaders of three parties backing the coalition are under intense pressure to accept the new austerity demands and shield the country from a looming bankruptcy.

The meeting finally went ahead after three days of delays. Their decisions will be announced at a meeting with Prime Minister Lucas Papademos, after the parties were handed a 50-page English-language draft agreement, drawn up with the country's debt inspectors.