Greece agrees deeper austerity to secure extra funds

``Senior euro zone officials agreed in principle during talks in Vienna on a new three-year adjustment program for Greece to run until mid-2014 and involving increased external funding, a source close to the negotiations said... The second program for Greece, which will effectively supersede the 110 billion euro ($160 billion) bailout agreed in May 2010, will involve some participation of private sector investors but this will be limited to avoid triggering a "credit event," the source said, without providing any figures.''