Monday, July 13, 2015

EU - Greece Reach Deal On Bailout



Reuters: Euro zone strikes Greek deal with tough conditions

Euro zone leaders made Greece surrender much of its sovereignty to outside supervision on Monday in return for agreeing to talks on an 86 billion euros bailout to keep the near-bankrupt country in the single currency.

The terms imposed by international lenders led by Germany in all-night talks at an emergency summit obliged leftist Prime Minister Alexis Tsipras to abandon promises of ending austerity and could fracture his government and cause an outcry in Greece.

"Clearly the Europe of austerity has won," Greece's Reform Minister George Katrougalos said.

Live Updates On The EU - Greece Debt Bailout

Greece debt deal: Latest updates -- BBC
The Latest: Pro-Europe Greek parties still back PM Tsipras -- AP
GREECE LATEST-Greece will reconsider bank holiday on Wednesday, bankers say -- Reuters
Greek Debt Crisis 2015 -- Reuters
Eurozone Leaders Reach Greek Deal: Live -- WSJ
Greece debt crisis live: Belgian Prime Minister tweets 'agreement' after mammoth, all-night summit -- The Independent
'Toxic' deal will plunge Greece into turmoil after Tsipras 'crucified' by EU leaders at summit, say analysts -- The Telegraph

The Details And Points Of The Greek Debt Deal

A Look at the Agreement Between Greece, Eurozone -- AP
Greece bailout agreement: the key points -- The Guardian
What's in the new deal and how it compares to the old one -- The Telegraph

More News On Today's EU - Greece Bailout Deal

Greece reaches deal with creditors, avoids euro exit -- AP
Greece Capitulates to Creditors’ Demands to Cling to Euro -- Bloomberg
Greece and eurozone reach agreement in bailout talks -- The Guardian
Greece debt crisis: Eurozone summit strikes deal -- BBC
Greece Agrees to Its Third European Bailout After Marathon Talks -- Time
Eurozone Leaders Reach Unanimous Agreement on Greece -- WSJ
Greece Debt Crisis: Eurozone Leaders, Tsipras Reach Deal in Brussels -- NBC
Tsipras Faces Hard Sell of Bailout to Parliament -- WSJ
Greek debt crisis: Athenians struggle on with sun, sea, olives and despair -- The Independent
Greece crisis talks: the July weekend that saved the euro but broke the EU? -- Ian Traynor, The Guardian
Greece debt crisis: What's the deal? -- Robert Plummer, BBC
Deal on Greek Debt Crisis Is Reached, but Long Road Remains -- NYT

2 comments:

James said...

Well now, this is uncharted and deep waters for all concerned. I wonder who intends to keep their part of the bargain? Boy oh boy, there are some big big questions here! Do people who have arguably sold themselves into economic slavery (or worse) retain any rights? The EU's demands are totalitarian by definition. Is this the end or the resurrection from the dead the "nation state". Can a countries elected leaders make agreement against the "express wishes" of it's people? These are but a few.

Bob Huntley said...

They should have laid out one offer. You forgive half the debt and we'll do our best to pay back the rest, interest free, until the next time we can't or, you write off all the debt now and we'll start again. Other wise piss off.