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Laws, Regulations & Policy

Eurozone Leaders Reach Agreement on Greece

by GTP editing team
written by GTP editing team 0 comments

Greek_flag_EU“EuroSummit has unanimously reached agreement. All ready to go for ESM (European Stability Mechanism) program for Greece with serious reforms and financial support”, EU President Donald Tusk tweeted on Monday morning after marathon talks over a third bailout for Greece.

“There will not be a ‘Grexit’,” European Commission head Jean-Claude Juncker was reported stating.

By Wednesday, the Greek Parliament is expected to pass reforms demanded by the eurozone, including pension overhauls and sales-tax increases.

Tusk

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