German Finance Minister Wolfgang Schaeuble asked lawmakers to back Greece’s third bailout, saying it offers a “sustainable path” even though the International Monetary Fund hasn’t committed to footing part of the bill.
By John Glover & Rebecca Christie, Bloomberg
Senior creditors, placed firmly on the hook for losses in the euro-area plan for recapitalizing Greek banks, may end up wriggling free.
By Peter Krauth, Resource Specialist, Money Morning
Greece and its "troika" of creditors – the European Central Bank (ECB), the European Commission, and the International Monetary Fund (IMF) – have finally agreed on terms for its latest bailout, worth about €86 billion ($95 billion).
By Anooja Debnath, Bloomberg
By Rainer Buergin & Arne Delfs, Bloomberg
By Mike Bird, Business Insider
Former Greek Finance Minister Yanis Varoufakis is not a fan of the country's new bailout deal.