Greece at the brink of default - Dax and Dow make gains - Spain's white elephant airport - Morrocan melon export boom
The head of the IMF has shifted her position on debt relief for the Mediterranean nation. Germany's finance minister had led the eurozone movement rejecting debt forgiveness for Athens.
The Greek parliament is debating a set of tough economic reforms for a final day before voting. The talks have been accompanied by demonstrations and strikes in protest of the planned tax and pensions overhaul.
After Greece adopted a new set of reforms, eurozone finance ministers have closed in on a deal to unlock vital cash for Athens. Debt relief was discussed, setting the stage for a showdown between the IMF and Germany.
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