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IMF approves conditional $1.8 billion loan to Greece

WASHINGTON – The International Monetary Fund’s board on Thursday approved a $1.8 billion loan to Greece — but will only release the money if the country gets debt relief from its European creditors. 246 more words


Greece reaches bailout deal with creditors after surviving on loans for 7 years

Greece and its rescue creditors have reached a deal needed to unfreeze the country’s bailout program and avoid a default this summer, though it leaves Greeks facing years more of austerity and hardship. 697 more words