Greece Signs Deal with European Lenders for Bailout

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Greece's European lenders agreed Thursday to release another $9.5 billion of a desperately needed bailout installment, while holding out the hope of debt relief.

All sides reached a deal in Luxembourg Thursday after months of often bitter negotiations.

The European Union's top economy official, France's Pierre Moscovici, said Greece has respected its commitments for economic reforms and that it is now time for its creditors to “take their’s.”