The Heat: Eurozone thrashes out third Greece bailout deal

The Heat

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Greek Prime Minister Alexis Tsipras returns home with a conditional agreement for a third financial bailout to keep his country in the euro zone. Greece’s Prime Minister Alexis Tsipras abandoned his promise of ending austerity to reach a potential bailout deal with European leaders in Brussels. The Greek parliament now has until Wednesday to pass economic reforms, including spending cuts, tax hikes and pension reforms.

Greece will also sell off state assets, with the proceeds earmarked for a trust fund supervised by its creditors. In return, Greece could receive $95 billion over the next three years to remain in the euro zone. CCTV’s Filio Kontrafouri has more details from Athens.

The Heat: Eurozone thrashes out a third bailout deal for Greece

The Heat: Eurozone thrashes out a third bailout deal for Greece

Greek Prime Minister Alexis Tsipras returns home with a conditional agreement for a third financial bailout to keep his country in the euro zone. Greece’s Prime Minister Alexis Tsipras abandoned his promise of ending austerity to reach a potential bailout deal with European leaders in Brussels. The Greek parliament now has until Wednesday to pass economic reforms, including spending cuts, tax hikes and pension reforms. Greece will also sell off state assets, with the proceeds earmarked for a trust fund supervised by its creditors. In return, Greece could receive $95 billion over the next three years to remain in the euro zone. CCTV’s Filio Kontrafouri has more details from Athens.

The Heat discusses the potential bailout deal for Greece with following guests.

  • Dan O’Brien from Dublin is a chief economist at the Institute of International and European Affairs.
  • Michael Tsinisizelis is a Professor of International and European Studies at the University of Athens.
The Heat: Eurozone thrashes out a third bailout deal for Greece 2

The Heat: Eurozone thrashes out a third bailout deal for Greece 2

For more on the potential bailout deal for Greece, CCTV's Nathan King spoke with following guests: Dan O’Brien from Dublin is a chief economist at the Institute of International and European Affairs. Michael Tsinisizelis. He's a Professor of International and European Studies at the University of Athens.

“We succeeded despite the fact that the most important currency between us trust in each other has been deeply shaken,” said German Chancellor Angela Merkel about an agreement reached with Greece that could result in a $95 billion bailout.

The Heat discusses the potential bailout deal for Greece with Scheherazade Rehman. She is a senior research Fulbright Scholar and the director of the European Union Research Center at George Washington University.

The Heat: Eurozone thrashes out a third bailout deal for Greece 3

The Heat: Eurozone thrashes out a third bailout deal for Greece 3

"We succeeded despite the fact that the most important currency between us trust in each other has been deeply shaken," said German Chancellor Angela Merkel about an agreement reached with Greece that could result in a $95 billion bailout. The Heat discusses the potential bailout deal for Greece with Scheherazade Rehman. She is a senior research Fulbright Scholar and the director of the European Union Research Center at George Washington University.