BRUSSELS: Eurozone finance ministers reached a vital deal with Greece on Wednesday to start debt relief for Athens as demanded by the International Monetary Fund (IIMF), and to unlock 10.3 billion euros ($12 billion) in bailout cash.
The US-based International Monetary Fund had said that easing Greece’s huge debt burden was a condition for its continued participation in the bailout program, despite opposition from Germany to giving Athens more favors.
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