Greece said to have reached deal with creditors on third bailoutReuters reports that, after talks running through the night, Greece has reached a deal with its creditors. Officials said some “minor issues remained to be ironed out.” The bailout will total €86bn, as expected, and will likely be put to the Greek parliament in the next day or two, with Eurozone finance ministers looking to approve it on Friday. The agreement reportedly sees easier primary surplus targets for Greece of -0.25% of GDP in 2015, 0.5% in 2016, 1.75% in 2017 and 3.5% in 2018. Greek GDP is expected shrink …read more
Source: Open Europe