Greece and lenders agree new bailout deal, finance minister says – News

Greece and lenders agree new bailout deal, finance minister says – News

The Greek government announced it has struck an ambitious bailout deal with creditors aimed at securing around €86bn (£61bn) over three years in return for radical economic reforms to be pushed through parliament as early as this week.

News of the agreement following a marathon 24-hour negotiating session at Athens’ Hilton hotel was not immediately confirmed by the eurozone creditors and promptly triggered scepticism in Berlin, where the deputy finance minister said the talks were not yet concluded and that fundamental questions on Greece remained to be answered.
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The European commission in Brussels, a party to the negotiations, said a “technical” agreement was struck in the middle of the night and that the officials reaching the deal had passed the results for review to their political bosses.