Greece Makes Progress With Creditors but Deal Still Elusive

May 11, 2015 5:04 PM

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The eurozone's top official says progress has been made in bailout talks with Greece but that "more time and effort" is needed before a deal can be reached so the cash-strapped country can get vital rescue money.

Jeroen Dijsselbloem said Monday after a meeting of the eurozone's 19 finance ministers that negotiations have "advanced" and that "important progress" is being made.

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