Greece reaches agreement with creditors on third bailout

Athens, Nov 17 (IANS) The Greek government and its creditors reached an agreement on Tuesday regarding the outstanding requirements to disburse a third bailout.

After another day of marathon talks, the government in Athens and the quartet of international creditors — the European Commission, European Stability Mechanism, the European Central Bank and the International Monetary Fund — have managed to agree on a list of 48 requirements which Greece must accomplish to obtain a financial package of 2 billion euros ($2.1 billion) and another 10 billion euros ($10.6 billion) for the recapitalisation of banks, EFE news reported.

It is expected that teleconference talks will be held later in the day by the Euro Working Group, which includes the deputies of finance and economy ministers of the Eurozone.

The agreement will be referred to parliament for voting on Thursday.

After several days of discussions, both sides have managed to close an agreement on the last remaining point related to the foreclosure.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here