Euromaxx takes a musical journey through the Grand Duchy of Luxembourg and listen to some great Jazz.
Greece's latest tranche of bailout cash has been agreed by 19 eurozone ministers meeting in Luxembourg. It includes steps to foster Greek growth and a stand-by promise from the International Monetary Fund.
Ahead of crunch eurozone talks on Thursday, France's new finance minister, Bruno Le Maire, said a deal on debt relief for Greece was close. The issue has caused a rift among creditors, in particular Germany and the IMF.
Eurozone ministers, including its most powerful official Wolfgang Schäuble, are optimistic about reaching a bailout deal with Greece. But Athens will have to wait longer for a deal on future debt relief.
It's been 25 years since the signing of the Maastricht Treaty, which among other things included provisions that have to be met to join the euro. After all these years, however, they have proved to be mere paper tigers.
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