The Eurogroup’s decision regarding Greece’s bail-out package has become the centre of attention for foreign media outlets, which are thoroughly reporting on the Eurogroup’s decision.
‘BBC News’ has featured a report on Greece, titled “Eurozone ministers back 130bn-euro bailout for Greece”. The article emphasizes that European Finance Ministers reached an agreement of great importance for Greece.”The country needs the funds to avoid bankruptcy on March 20th, when maturing loans must be repaid”, ‘BBC News’ emphasized.
Moreover, ‘Reuters News Agency’ mentioned that this agreement constitutes an appropriate basis for launching the invitation for an exchange to holders of Greek government bonds (PSI).
Furthermore, the ‘New York Times’ reported: “Greece finally secured its second giant bailout early on Tuesday after euro zone finance ministers agreed to save it from bankruptcy in exchange for severe austerity measures and strict conditions”.
Other media such as ‘Bloomberg’ and ‘Guardian’ highlighted the positive outcome of the Eurogroup meeting that will contribute to the rescue of Greece.
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!
