EU And Greece Reach An Agreement To Extend Their Bailout

BBC: Greece bailout extension agreed after eurozone talks



Greece and eurozone nations have agreed a deal to extend financial aid after bailout talks in Brussels.



Eurozone finance ministers reached an agreement to extend Greece's financial rescue by four months.



Dutch finance minister Jeroen Dijsselbloem, head of the Eurogroup, said that Athens had pledged to honour all its debts.



"This is a very positive outcome," he told a news conference on Friday night.



WNU Editor: Greece was lucky to get 4 months .... but I have doubts that they will fulfill their promises. But we shall see. The above commentary posted yesterday sums up the situation perfectly.

More News On The EU And Greece Reaching An Agreement To Extend Their Bailout

Greece, euro zone creditors reach accord on loan -- Reuters

Greece and eurozone make a loan deal -- AP

Greece Deal Reached -- Bloomberg

Greece Reaches Accord With European Officials to Extend Bailout -- NYT

Eurogroup sets Greece deadlines for reform details -- Reuters