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The Boston Globe

Business

Euro ministers back plan for new Greek aid

It clears way for next payment of bailout money

BRUSSELS — Greece is about to get the next installment of its much-needed bailout loans after finance ministers from the 17 European Union countries that use the euro agreed on a program to reduce the country’s debt.

The first disbursement will be Dec. 13, said Jean-Claude Juncker, head of the group of finance ministers, which made the decision early Tuesday.

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