Greece to get $170B bailout, reduce debt

After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece (euro) 130 billion ($170 billion) in extra bailout loans to save it from a potentially disastrous default next month, an European Union diplomat said.

After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece (euro) 130 billion ($170 billion) in extra bailout loans to save it from a potentially disastrous default next month, an European Union diplomat said.

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