SUBSCRIBERS
Greece stays in euro for now - but for a 'draconian' price
Published Mon, Jul 13, 2015 · 09:50 PM
London
IN what critics describe as a draconian, toxic deal, Greek premier Alexis Tsipras has reneged on his word to his electorate and accepted severe eurozone austerity measures to remain in the euro.
Relieved at the agreement hammered out after 26 hours of weekend negotiations, the euro and stock markets continued their Friday rally, but the big question is whether the recovery will last.
Germany, France a…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Markets are embracing India's Modi for what he won’t do
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise
China 2024 growth outlook raised to 4.8%, deflation risk lingers
Luxury sector outlook clouded by China’s slow recovery