Greece Reaches Debt-relief Deal

Greece's creditors today have agreed to release the next tranche of its rescue loans, amounting to €10.3 billion ($11.5 billion). After late-night talks in Brussels, eurozone finance ministers and the International Momentary Fund came to a deal that unlocks the aid and sets out how the country can get future debt relief. The funds will help the country avoid defaulting on debt repayments to the IMF and European Central Bank due in July.

 

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