Eurozone summit reaches bailout agreement on Greece

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European Council President Donald Tusk (R) and European Commission President Jean-Claude Juncker participate in a press conference following a euro zone leaders summit in Brussels, Belgium, July 7, 2015. [Photo/Xinhua]

European Council President Donald Tusk (R) and European Commission President Jean-Claude Juncker participate in a press conference following a euro zone leaders summit in Brussels, Belgium, July 7, 2015. [Photo/Xinhua]

The Eurozone summit finally reached a three-year bailout agreement with Greece on July 13, 2015.

After 17 hours of marathon talks, the eurozone leaders have reached an agreement over a third three-year bailout for debt-ridden Greece worth around €82-86 billion, which averts the risk of the country leaving the eurozone.

 

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