Greece crisis: Eurozone summit reaches agreement - UPDATED

Greece crisis: Eurozone summit reaches agreement - UPDATED
Greece seems to finally have a deal

Baku. 13 July. REPORT.AZ/ Eurozone leaders have reached a "unanimous" agreement after marathon talks over a third bailout for Greece, Report informs citing BBC, EU President Donald Tusk said.

He tweeted that, a bailout programme was "all ready to go" for Greece, "with serious reforms and financial support".

Details of the agreement were not immediately clear. Eurozone leaders have been meeting in Brussels for more than 16 hours.

Greece is expected to pass reforms demanded by the eurozone by Wednesday.


Belgian Prime Minister just tweeted 'agreement' from the Greek talks

Nearly six months after the election of the radical Syriza coalition, after bank closures and July 5's bailout referendum, Greece seems to finally have a deal.

Report informs, Belgian Prime Minister simply tweeted the word "agreement".

The Prime Minister of Malta followed up, tweeting "deal".

It seems likely that the deal signed off now will be more austere than the one Prime Minister Alexis Tsipras asked voters to reject in the recent referendum.

Germany and other eurozone states were pushing for a "time out" from the currency union, which quickly became referred to as temporary Grexit. On Saturday, when the Eurogroup of finance ministers was meeting, it seemed like a sudden exit was very much possible.

The marathon session of EU leaders lasted more than 19 hours. 

If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

Last added

Latest news

Orphus sistemi