[New Greek Bailout Package 'Is A Breakthrough']EU officials have described a new Greek bailout package worth €10.3bn (£7.9bn) as a "major breakthrough" - days after the country approved painful tax increases and budget cuts. The deal also includes the prospect of debt relief for Athens in the form of lower interest rates and an extension on loan repayment deadlines if it is needed in the future. That particular measure was seen as crucial by the International Monetary Fund, which had expressed concern that Greece's debt burden was making its finances unsustainable.
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