BRUSSELS — Staving off the threat of an imminent Greek default, European finance ministers agreed over the weekend to finance the country through the summer but deferred crucial decisions on a second bailout.
After a two-hour conference call late Saturday, finance ministers from the 17 euro zone countries said they would sign off an €8.7 billion, or $12.6 billion, loan to Athens, part of a €110 billion package agreed upon last year. The board of the International Monetary Fund was expected to approve its portion of this installment — €3.3 billion — in the coming days.
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