Wednesday, July 1, 2015

Eurozone Ministers Considering New Greek Bailout

Hours after Greece had officially defaulted on its bailout loan from the International Monetary Fund; Eurozone ministers were already discussing terms of a new bailout loan to keep the country afloat. Officials today will decide whether or not an emergency loan to Greece from the European Central Bank. The meeting where ECB ministers will decide as much is only the first of two meetings that are to happen this afternoon, the other being in regards to Greece's request for a new bailout amounting in nearly 30 billion Euros and lasting two years. Many expect a tidy end to a short-lived […]

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