Sentences with phrase «after eurozone leaders»
She was speaking after Eurozone leaders agreed to give Greece a third bailout package of up to $ 86bn over the next three years, in exchange for further austerity and reforms.
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After 15 hours of talks that stretched through Sunday night and into Monday, Greece walked away from the emergency summit of Eurozone leaders with a «compromise» bailout package.
Speaking in Berlin after meeting with members of the center - left Social Democratic Party, Jeroen Dijsselbloem of the Netherlands, the leader of the eurozone finance ministers, criticized Mr. Schäuble for raising the suggestion of a Greek exit.
The deal, agreed to on Monday after 17 hours of talks with eurozone leaders, contains tough conditions including pension cuts, tax increases and the movement of public assets into a trust fund to pay for the recapitalisation of Greek banks.
European stock markets surged almost 2 % while Wall Street jumped more than 1 % after a breakthrough came early on Monday when Donald Tusk, president of the European council, announced that the 19 eurozone leaders had unanimously reached agreement to keep Greece in the single currency, adding that Athens had signed up to «serious reforms».
After a number of surprising twists, the recent Greek drama finally took an expected turn Monday, with news that Greece and its creditors struck a tentative deal — $ 96 billion USD in aid from Eurozone leaders in exchange for tough austerity measure — that would seemingly avoid a Greek exit from the euro currency.
The prime minister's comments came after an informal summit of EU leaders over dinner failed to reach concrete conclusions on how to address concerns about Greece's future and high borrowing rates for other struggling eurozone countries.