Greek debt crisis: Sreshtata atop the eurozone reached a deal

13.07.2015 / 21:04

Rating:

The eurozone leaders agreed to offer Greece a third rescue program after marathon negotiations in Brussels.

Amid one of the worst crises in EU history, the head of the European Commission stated that the risk of Greece leaving the eurozone is stopped.

Greek Prime Minister Alexis Tsipras said that after "an uphill battle" Greece has secured a debt restructuring and "package required for growth."

Saving Greece depends only on her, have until Wednesday to pass through parliament agreed reforms.

They include measures to streamline the pensions increase tax revenue and liberalize the labor market.

Parliaments in several euro area countries also need to approve the rescue program.

Tsipras said that he had "faith and hope that ... the possibility of" Grexit "is in the past."

Varchev Traders

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Greek debt crisis: Sreshtata atop the eurozone reached a deal

London

Universal numbers