Early this morning European time, Greek financial ministers and Eurozone representatives reached an agreement after an all-night negotiation session. The deal will last three years and amount to $94 billion. "The institutions and the Greek authorities achieved an agreement in principle on a technical basis. Now as a next step, a political assessment will be made," said Annika Breidhardt, a European Commission representative. Also read: How Bitcoin Could Prevent a Future Greece The biggest issues discussed revolved around Greek institutions not properly servicing their receivables, the execution of asset sales, and changes to Greek natural gas regulation. Greece's solution to […]
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