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Eurozone decides not to release new money for Greece

Published Mon, Nov 9, 2015 · 09:50 PM
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Brussels

EUROZONE finance ministers will not release a two billion euro (S$3.06 billion) tranche of loans for Greece on Monday because there is still no agreement with Athens on several reforms, but a deal could be struck this week, top European Union (EU) officials said.

Prime among the disagreements for the Greeks is protection for poorer families in danger of losing their homes as a result of bad loans.

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