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By PAN PYLAS, Associated Press LONDON (AP) Markets were subdued Wednesday as investors worried that the Greek bailout plan might not be enough to keep the country from eventually defaulting on its debts and possibly leaving the euro currency bloc. Under a deal reached Tuesday, Greece will get euro130 billion ($172 billion) from its partners in the 17-nation eurozone and the International Monetary Fund to meet its immediate debt obligations. It is Greece's second bailout following a euro110 billion ($146 billion) rescue in 2010. Separately, Greece's private sector bondholders will be asked to forgive euro107 billion ($141 billion) in Greek debt by taking a 53,http://www.cztjnj.com/forum.php?mod=viewthread&tid=268868.5 percent loss on the face value of their bonds and accepting longer repayment periods and lower interest rates. Though Greece's finance minister Evangelos Venizelos hailed the deal as "a significant development that gives our country a new opportunity," investors remained cautious, not least because Greece has to enact economic reforms in a very short space of time to get its hands on the money. The package's lack of measures aimed at boosting economic growth also caused concern in the markets. Greece is entering its fifth year of recession and is forecast to contract a further 4 percent or so this year. "There are still a lot of moving parts in order for Greece to actually achieve the bailout of course and doubts remain about their ability to keep to the terms and conditions over the medium term," said Gary Jenkins, managing director of Swordfish Research. Those doubts weighed on markets Wednesday as did the decision by Fitch to downgrade Greece's credit rating further into junk status, from 'CCC' to 'C.' The agency said it would consider briefly placing Greece in "restrictive default" once the bond swap is completed a warning it first issued in June. Athens argues that the default rating would be a simple technicality, as the twin deals struck on Tuesday will allow the country to repay bonds maturing next month thus avoiding a disorderly default and remain in the common European currency it joined in 2001,cheap toms shoes sale. In Europe, Germany's DAX down 0.8 percent at 6,857 and the CAC-40 in France was 0.5 percent lower at 3,448. The FTSE 100 index of leading British shares was down 0.3 percent at 5,912. In the U.S,http://www.djnikki.com/forum/forum_posts.asp?TID=94822&PID=111694#111694., the Dow Jones industrial average was down 0.1 percent at 12,954 while the broader Standard Poor's 500 index fell 0,http://laodong.cn/forum.php?mod=viewthread&tid=1804058.2 percent to 1,360,toms shoes sale. Markets will continue to monitor developments in Athens Wednesday as the country's lawmakers debate emergency legislation to approve the private debt relief deal and the promised spending cuts,toms shoe store, while unions plan a new anti-austerity rally outside Parliament. Unions are angry at two years of belt-tightening, and have called a rally for 4:00 p.m. Previous protests have turned violent, and rioters burnt and looted dozens of shops in central Athens during a rally on Feb. 12. In the currency markets, the euro was flat at $1.3230 even after a sur