19-07-2015 22:35 via abc.net.au

Fact file: The Greek debt crisis explained

Greece's debt woes have been a longstanding problem, but the situation escalated over the European summer, as the country looked likely to default on its loans.After a record 17 hour Euro Summit meeting an agreement was reached on a third Greek bailout to avoid default, and in the short term the situation appears to have stabilised.But what does it all mean, and how did we get here? ABC Fact Check takes a look at the Greek debt crisis.
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