Eurozone Agrees EU30bn Greek Bailout -- The Telegraph
Eurozone nations have agreed a 30 billion euro loan package for Greece in an attempt to rescue the economy of the stricken nation.
The International Monetary Fund will also make a "substantial contribution" as well, probably about 10 billion euros, according to Olli Rehn, the EU monetary affairs chief.
He said the funds will be available if Greece makes a formal request for financial assistance, something it has not yet done.
Read more ....
More News on Greece's Bailout
Europe Unifies to Assist Greece With Line of Aid -- New York Times
Euro surges on Greek aid plan; gold at 4-month high -- Reuters
Europe Bankrolls Greece -- Wall Street Journal
European countries offer $41 billion to Greece -- L.A. Times
TEXT-Eurogroup statement on terms of Greek loans -- Reuters
Greece's Debt Lessons -- Wall Street Journal opinion
Greece: "Nobody can play with the Euro" -- BBC opinion
My Comment: Giving an addict his drug of choice never solves anything. Greece is addicted to debt .... I do not expect this addiction to change.
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