Greek deal unlocks funds but delays debt relief
Debt relief now on the table but not "upfront" as IMF demanded
Greece's creditors have struck a deal to avert a summer default, unlocking funds but delaying many tougher decisions, after talks that ran into the small hours of this morning (May 25).
With echoes of 2015's difficult negotiations, it was gone 2am in Brussels when the Eurogroup put out a statement signing off the latest stage of the Greek bailout programme.
The deal releases €10.3 billion ($11.5bn) in loans, most of which will be used to pay debts that fall due in the coming months.
It also
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