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EU finance ministers reach a debt relief deal for Greece – Reuters

Reuters is reporting that Eurozone finance ministers have reached a deal with Greece, according to an unnamed French official.

Key highlights

The EU has extended a 10 year EFSF loan extension.

Greece also receives a 10 year deferral period for €15 billion tranche.

EU officials to pay out additional €15 billion as a final bailout disbursement  for Greece.

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