New data shows that Greece far exceeded its creditors demands for budget savings last year, presenting a strong case for unlocking more bailout funds. So far about 245 billion euros have gone to the country, with Germany footing most of the bill.
Debt-laden Greece far exceeded its international creditors' demands for budget savings last year, outstripping even the target for 2017, and presenting a strong case for unlocking more bailout funds.
Greece and its creditors have come to a compromise after showdown talks over the latest bailout package in Malta, according to reports. It means Athens will be able to receive a second tranche from the 2015 agreement.
IMF chief Christine Lagarde says they have yet to decide whether to join the next bailout payment for Greece. The fund's participation is seen as a condition for Germany to unblock new funds to the debt-riddled country.
Greece and its creditors have come to a compromise on the latest bailout package, paving the way for a second tranche payment. A small stopgap or real breakthrough? German Finance Minister Wolfgang Schäuble speaks to DW.
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