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3/14/13

Greece: Troika says Greece makes 'progress' but 'issues' remain

Greece's international lenders have left talks in Athens without a deal that would secure the next tranche of bailout loans for the country.

However, officials from the troika - the International Monetary Fund, the European Commission and the European Central Bank - will return in April.

The troika said Greece had made "significant progress" with economic reforms required to receive the funds. But it added that "technical issues" still needed to be resolved.

In December, the three lenders agreed to unlock almost 50bn euros in aid, helping Greece to avoid bankruptcy and keep within the eurozone. In return, Athens agreed to introduce a new round of austerity measures, including job cuts and tax rises.

Read more: BBC News - Troika: Greece makes 'progress' but 'issues' remain

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