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Eurozone agrees Greece loan extension

Greece's government outlined a first batch of measures to combat poverty, including free electricity, rent support and food stamps, to be approved by parliament in the coming days

Eurozone finance ministers agreed Friday to extend Greece's bailout loan programme, overcoming strong German reservations, diplomatic sources said.

"There is an agreement," one source said while EU Euro Commissioner Valdis Dombrovskis tweeted: "Work on Greek programme extension can continue. Important Greece honours its commitments and presents comprehensive list of reform measures."