A bailout agreement is an agreement between a government and a struggling company or organization to provide them with financial assistance in order to prevent them from collapsing or going bankrupt. Full definition
France, the Eurozone's second - largest economy, returned to growth with a 0.3 % gain after flatlining in the second quarter, and there was an eye - catching positive surprise from Greece, whose economy contracted «only» 0.5 %, even though the quarter marked the peak of its fight with the rest of the Eurozone over a new bailout agreement. (fortune.com)
For now, this is a big sigh of relief for Europe and world markets.Tsipras had promised to totally tear up the Greek bailout agreement (businessinsider.com)
At a time of increasing health need and falling incomes, Greece's bailout agreement stipulated shifting the cost of healthcare to patients. (sciencedaily.com)