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This Article is From Aug 15, 2015

Euro Zone Agrees to Launch Bailout for Greece: Minister

Euro Zone Agrees to Launch Bailout for Greece: Minister
Greek Finance Minister Euclid Tsakalotos listens his French counterpart Michel Sapin (R) during a euro zone finance ministers meeting in Brussels, Belgium, August 14, 2015.(Reuters)
Brussels: Euro zone finance ministers agreed on Friday to launch a third bailout programme for Greece, Belgian Finance Minister Johan van Overtveldt told Reuters after a meeting of the Eurogroup in Brussels.

Van Overtfeldt said they had agreed to a Memorandum of Understanding drafted by institutional negotiators on Tuesday, "with some additional measures". He did not elaborate.

The meeting ended after some six hours of talks following the endorsement of the loan conditions by the Athens parliament.

 
© Thomson Reuters 2015
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