Greece, lenders make "substantial progress" to sign off on bailout reforms-statement

Greece and its international lenders made substantial progress in talks on Friday to bridge differences over reforms that would ensure Athens' agreed fiscal path, the chairman of euro zone finance ministers Jeroen Dijsselbloem said in a statement. Such a staff level agreement would then pave the way for a decision by euro zone finance ministers to disburse new loans to Greece, without which Athens would default on its debt in July.