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Greece given green light to exit bailout, but worries linger

Worries about debt sustainability, global backdrop underline concerns

Greece given green light to exit bailout, but worries linger

Call it a happier sort of “Grexit”. Greece’s eurozone partners on Friday cleared the way for the country to depart its third bailout program in August, ending an eight-year stretch of financial assistance.

Finance ministers agreed a deal to provide some debt relief , which should boost the country’s cash buffer as it attempts to build on a long overdue return to economic growth.

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