£95bn Bailout For The Greeks Agreed In Largest Ever Financial Bailout Of A Country -- The Daily Mail
Debt-ridden Greece yesterday agreed the largest ever financial bailout of a country.
It will receive 110billion euros (£95billion) from the European Union and IMF in return for deep cuts in government spending to reduce a huge budget deficit.
Announcing the deal yesterday, prime minister George Papandreou told his people to prepare for 'great sacrifices' after violent clashes between police and protesters opposing the cuts at the weekend.
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More News On Greece's Bailout
Greece agrees austerity plan, unions vow battle -- Yahoo News/AFP
Greece seals rescue deal with EU and IMF: source -- Yahoo News/Reuters
EU, IMF agree 110 bln euro bailout for Greece -- Reuters
EU to bail out Greece with $144b rescue package -- Sydney Morning Herald
EU Bets $146 Billion Greek Bailout to Avert Contagion -- Bloomberg Business Week
Europe agrees a "shock and awe" bailout for Greece -- Economist
Collapse deferred -- The Independent
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