Greek talks go down to the wire

Experts and politicians battled into the night in Brussels to come up with the additional billions of euro needed to bring down Greek debt to what they hope will be sustainable levels.

Greece agreed to strict oversight on spending and to the money, when released, going into an escrow account where creditors would have first call, and only then would whatever is left be used to run the state.

Ireland was watching with interest to see if any of the decisions could be useful in cutting its debt, such as the ECB foregoing profits on their Irish bond holdings.

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