Eurozone seals Greek bailout deal | Bangkok Post: business

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Eurozone seals Greek bailout deal

BRUSSELS - Eurozone finance ministers sealed a deal for a massive new bailout of Greece in the early hours of Tuesday, several sources said.

Eurozone finance ministers sealed a deal for a massive new bailout of Greece in the early hours of Tuesday, several sources said.

"We have the essentials of the deal," a European Union official said, indicating it covered both a write-down of Greek sovereign debt held by private creditors and a package of guarantees and loans also being put up by eurozone governments.

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Writer: AFP News agency
Position: Agence France-Presse

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