Jean-Claude Juncker claims Greece will ‘irreversibly’ remain part of the eurozone, after vote by Greek MPs committed to radical economic and fiscal reforms

Greece clinched a three-year bailout worth €86bn (£60bn) after parliamentarians in Athens backed the deal, and Germany backed down on its opposition to the third rescue of the bankrupt country in five years.

A meeting of eurozone finance ministers in Brussels representing the country’s main creditors agreed to launch the new bailout with €26bn being disbursed next week following six months of bitter recrimination that almost saw the country, under the leftwing government of Alexis Tsipras, becoming the first to exit the single currency.

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Source: The Guardian Circular Economy RSS