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Greece and its creditors are not close to reaching a fresh debt deal despite Athens' claims, EU Commissioner for Economic and Monetary Affairs Pierre Moscovici said Thursday. "It is wrong to say, like the Greeks have, that we've gone three-quarters of the way to reaching a deal," Moscovici told French public radio, France Culture, on the sidelines of a meeting of Group of Seven finance ministers and central bank governors in Germany. "We are beginning to see reform projects that are consistent," Moscovici said, a day after Athens had announced that it was close to a loan deal with its creditors that would unlock badly-needed bailout funds for its struggling economy.
LONDON (AP) — Worried that their reputations will be tarnished by their links to FIFA, major sponsors are demanding that soccer's global governing body clean up its act, with Visa even warning it is prepared to jump ship.