Greece, Lenders Reach Deal on Reforms Under Bailout Review

Greece, Lenders Reach Deal on Reforms Under Bailout Review
Greek Finance Minister Euclid Tsakalotos arrives for a cabinet meeting at the parliament in Athens, Greece June 13, 2017. Reuters/Costas Baltas
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ATHENS/BRUSSELS—Greece and its euro zone creditors reached a preliminary deal on Saturday on reforms Athens needs to roll out under its bailout program, a move that could pave the way for the country to leave the aid plan in August.

The agreement on a range of often politically sensitive measures—covering fiscal issues, energy and labor market reforms, bad loans and privatizations—could open up fresh loans and push Greece further along the path toward a return to full market financing.