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The International Monetary Fund is pressing the eurozone to let Greece skip paying interest or principal on bailout loans until 2040, say officials familiar with the talks.

Greece and its creditors made a big jump Friday toward resolving disagreements that have long hobbled the country's international bailout program, including how to ease its debt burden.

Greece’s creditors and International Monetary Fund officials made “good progress” in talks about solving the latest Greek bailout impasse, the IMF’s top spokesman said Thursday.