STEVE INSKEEP, HOST: NPR's business news begins with a boost for the eurozone.</s>STEVE INSKEEP, HOST: They say they've really worked it out this time. Greece has agreed to a new loan and debt deal with its European Union partners and the International Monetary Fund. The agreement will see Greece cut its debt by $51 billion, clearing the way for new loans of around $60 billion. Analysts say this now makes it unlikely that Greece will default on its debt or pull out of Europe's currency, the euro.
The agreement will see Greece cut its debt by $51 billion, clearing the way for new loans of around $60 billion. Analysts say this makes it unlikely that Greece will default on its debt or pull out of Europe's currency, the Euro.