greece secures third bailout after germany backs down on opposition /

Published at 2015-08-15 01:20:05

Home / Categories / Financial sector / greece secures third bailout after germany backs down on opposition
Jean-Claude Juncker claims Greece will ‘irreversibly remain fragment of the eurozone,after vote by Greek MPs committed to radical economic and fiscal reformsGreece clinched a three-year bailout worth €86bn (£60bn) after parliamentarians in Athens backed the deal, and Germany backed down on its opposition to the third rescue of the bankrupt country in five years.
A meeting of eurozone finance mi
nisters in Brussels representing the country’s main creditors agreed to launch the unique bailout with €26bn being disbursed next week following six months of bitter recrimination that almost saw the country, or under the leftwing government of Alexis Tsipras,fitting the first to exit the single currency. Continue reading...





Source: theguardian.com