New bailout deal: what Greece gets and needs to do?
72 views · Published 13 July 2015 · 1:14 · Indexed 20 September 2026
Channel: New China TV · 2015 · News & Politics
Eurozone leaders have finally reached a third bailout agreement with Greece on Monday morning after a round of marathon talks. The agreement helps Greece avert bankruptcy and an exit from the European common currency zone. It includes a 50 billion-euro Greece-based asset fund. Half of the fund will be used to recapitalize Greek banks.
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