Summary Box: Greece, creditors still disagree (AP)

STILL NEGOTIATING: Disagreements remain between Greece and its private creditors on cutting the country's massive debt load. They're divided on financial questions that will determine the level of investor losses.

KEY DEAL: The eurozone and bank representatives reached a tentative deal on a debt restructuring in late October to help Greece cut its debts by about 100 billion euros (around $130 billion). Discussions on the details of the agreement, which Greece needs to receive a necessary second aid package, have dragged on.

BACKGROUND: Greece is being kept afloat with low-cost loans from the eurozone and the International Monetary Fund.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20111222/ap_on_bi_ge/eu_greece_financial_crisis_summary_box

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