Wednesday, May 25, 2016

#Eurozone - ministers agree "breakthrough" deal with Greece

Published on 24 May 2016
Eurozone finance ministers have agreed to offer Greece debt relief in 2018. The amount was not "quantified” by its creditors but the deal is being seen as a "break through for the country":

The agreement also won a commitment from the IMF finally to return to taking part in the bailout for Athens.

The IMF has long insisted on the European governments taking a hit to relieve Athens of some of its debt i…

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