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Greece: ‘Major Breakthrough’ in Debt Deal

Eurozone finance ministers say they have reached a "major breakthrough" in negotiating the latest debt relief deal for Greece after hours of discussion in Brussels Tuesday night. The International Monetary Fund (IMF) had demanded a reduction in Greece's debt burden as a condition of further IMF bailout funds. Greece will receive the first part of an $11.4 billion bailout in June, following EU approval of its recent reform efforts. This is the latest bailout in a...

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