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11/02/2024 03:44:00 pm

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Greek debt deal

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'Grexit' Averted as Tsipras and European Leaders Arrive at Consensus

Greece will stay within the Eurozone as a deal has finally been struck with its European creditors on Monday. However, the government of Alexis Tsipras will have to pass tough legislation that many of his countrymen had earlier rejected in a recent referendum.

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Greece Appears Willing to Concede to Creditor's Demand as Country Fails to Repay IMF Loan

Greek Prime Minister Alexis Tsipras has informed his country's creditors of his willingness to agree to most, if not all, their demands as Greece failed to repay its loan to the International Monetary Fund (IMF) due on Tuesday.

Yanis Varoufakis, Greece's newly appointed finance minister

Asian Markets Upbeat on New Greek Debt Deal and Oil Recovery

Asian markets soar on Monday as investors are hopeful for the Greek debt deal and a continued recovery of oil prices.

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