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At that meeting, they are expected to give Greece the green light to move ahead with the bond-swap deal it has negotiated with private investors.

For the bond-swap to work, it has to be launched quickly, as it will take several weeks to implement and has to be finalized before March 20, when Greece faces a 14.5-billion-euro ($19.1 billion) bond redemption it cannot afford to pay.

Elena Becartoros reported from Athens. Derek Gatopoulos in Athens and Caf Casert in Brussels contributed to this article.