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Greece is on its way to getting the next installment of its much-needed bailout loans after finance ministers from the 17 European Union countries that use the euro agreed on a program to reduce the country's debt.

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  Euro area finance ministers agreed early Tuesday on the terms of a bailout for Spain's troubled banks, saying that €30 billion ($36.88 billion) can be ready by end of this month.
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                    [Title] => Euro bailout fund size could be boosted in October
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                    [Title] => Eurozone divided over Greece debt solutions
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                    [Title] => EU seals debt crisis plan amid Portugal woes
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                    [Title] => Eurozone nations defend euro as 'credible' currency
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JEAN-CLAUDE JUNCKER

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abtest

Euro officials reach deal to reduce Greek debt

November 27, 2012 - 9:46am

Greece is on its way to getting the next installment of its much-needed bailout loans after finance ministers from the 17 European Union countries that use the euro agreed on a program to reduce the country's...

World

Euro finance ministers agree on bailout for Spain

July 10, 2012 - 9:53am

  Euro area finance ministers agreed early Tuesday on the terms of a bailout for Spain's troubled banks, saying that €30 billion ($36.88 billion) can be ready by end of this month.

Eurozone wants cross-party commitment in Greece

November 8, 2011 - 5:08am

The chairman of the Eurogroup says eurozone finance ministers have asked the leaders of Greece's two main parties for a co-signed letter reaffirming their commitment to the country's bailouts and economic re...

Euro bailout fund size could be boosted in October

October 4, 2011 - 5:38pm

Eurozone leaders will likely boost the firepower of their bailout fund at a summit later this month, Belgium's finance minister said Tuesday, as a push to impose larger losses on Greece's private creditors appeared...

Protesters take over finance ministry in Athens

June 3, 2011 - 4:52pm

Protesters took over the Finance Ministry building in Athens Friday morning, hanging a giant banner from the roof calling for a general strike, just as Greece wraps up tough negotiations with international officials...

Eurozone divided over Greece debt solutions

May 18, 2011 - 12:00am

BRUSSELS – Top European officials disagreed over whether to consider changing the debt repayment terms for Greek bonds, a move some experts say is inevitable and others deem too risky for the region’s...

Business

EU seals debt crisis plan amid Portugal woes

March 28, 2011 - 12:00am

Portugal’s slide toward a financial rescue vexed the European Union’s efforts Friday to stamp out its government debt crisis with deals on a permanent bailout fund and new rules on how euro countries...

Business

Eurozone nations defend euro as 'credible' currency

May 19, 2010 - 12:00am

Eurozone finance ministers defended the euro as a “credible” currency, despite its slide to four-year lows against the dollar, as they sought to tame the fears that have gripped financial markets in recent...

Business

Euro officials downplay Greece bailout

April 18, 2010 - 12:00am

European officials played down signs Friday that Greece would seek a 30 billion-euro bailout package from other eurozone nations within days as finance ministers from the 16 countries met for talks in Madrid.

Business