August 11, 2015

Accepting Austerity: Greece, lenders agree on new bailout terms

Greece and its creditors have agreed on a third austerity deal, involving loans of up to €86 billion, the European Commission has confirmed. 

The agreement comes after 18 hours of negotiations overnight.


Lenders clinch bailout deal after marathon talks - TOC
Greek official claims deal with lenders curbs prospects of more austerity - eKathimerini

The main points of the agreement with the institutions - ANA-MPA
Regulators start Greek bank tests, aim for speedy capital boost - TOC

A showdown with rebels in the Syriza party looks inevitable in September - TOC

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