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Greece hails 'historic' debt relief deal

Eurozone countries have agreed a long-awaited debt relief deal for Greece, which has been hailed as "historic".

The deal gives Athens more time to repay €96.9bn (£85bn) worth of loans and extends a grace period during which Greece will pay little or no interest.

Greek Finance Minister Euclid Tsakalotos said it sent a signal that Greece was turning a new page.

EU Economic Affairs Commissioner Pierre Moscovici said the agreement meant "the Greek crisis ends here".

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BBC News

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