Tuesday, August 11, 2015

Greece Reaches Agreement ‘in Principle’ on Third Bailout Ahead of ECB Debt Repayment

Euclid Tsakalotos

Greek Finance minister Euclid Tsakalotos and his negotiating team emerged from all-night negotiations in an Athens hotel with one official announcing, with a sense of relief, “finally we have white smoke, an agreement has been reached.” The cold light of day brought the detail of Greece’s third bailout.

Brussels has stressed a “technical” deal has been reached on the 86 billion euro three-year package. Now political progress is critical for all parties.

Full article and video available here: Greece Reaches Agreement.... 

Source: Euronews

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