BRUSSELS: Greece and its European creditors are finally making progress only days after combative Finance Minister Yanis Varoufakis was effectively sidelined from talks on its enormous debt, EU sources told Agence France-Presse on Sunday (Monday in Manila).

Negotiators said there were “encouraging” signs from meetings over the weekend in Brussels on reforms which Athens must push through in exchange for 7.2 billion euros ($8 billion) in desperately-needed bailout funds.

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