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Greeks ask European leaders in Brussels for grand solution, but leaders keep expectations low

BRUSSELS - Greece's prime minister is pleading with European leaders in Brussels to act decisively to solve the continent's debt crisis.

At a summit Sunday, the leaders are expected to ask banks to accept huge losses on Greek bonds to ease the pressure on the country, and to raise billions more in capital to weather those losses.

But the leaders have said they won't unveil the grand plan originally promised for Sunday. German Chancellor Angela Merkel told reporters as she walked into meetings not to "count on decisions today."

Greek Prime Minister George Papandreou reminded his colleagues the crisis is not limited to his country. "The crisis is a European crisis," he told reporters. "So now is the time that we as Europeans need to act decisively and effectively."

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