Eurogroup and Greece reach agreement for grace period

The Eurogroup agreed on Friday to give Greece a four-month extension to its loan programme, following intensive behind-the-scenes negotiations in Brussels, pending its agreement on a list of reforms Greece is to present on Monday.

Eurogroup and Greece reach agreement for grace period

Monday's proposals, if agreed to, will lead to a grace period for Greece until the end of April, the deadline for finalising its proposals.

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