Greek crisis: Eurozone reaches agreement

Brussels, July 13: Eurozone leaders on Monday reached a “unimous” agreement after marathon talks over a third bailout for Greece, European Union (EU) President Dold Tusk said. He said that a bailout programme was “all ready to go” for Greece, “with serious reforms and fincial support”, BBC reported. “There will not be a ‘Grexit’ (Greek exit from the eurozone),” European Commission head Jean-Claude Juncker said, referring to the fear that Greece would have to leave the euro. Greece is expected to pass reforms demanded by the eurozone by Wednesday. Parliaments in several eurozone states also have to approve any new bailout. (IANS)

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