Greece reaches bailout deal, Portugal offers new austerity

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Greece has been given a clean bill of health by the "troika" of creditors - the European Commission, International Monetary Fund and European Central Bank - which means it will get its next chunk of rescue aid soon.

That comes after Athens ended opposition to 15,000 public sector job cuts - a key condition of the latest bailout deal agreed late last year.

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http://www.euronews.net/

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