The Traderszone Network

Published in TZ Latest News 6 August, 2015 by The TZ Newswire Staff

Hollande and Tsipras want Greek bailout agreed in late August

ATHENS/ISMAILIA, Egypt (Reuters) – A new bailout for Athens should be agreed by late August, Greek Prime Minister Alexis Tsipras and French President Francois Hollande said on Thursday. Greece is in negotiations with the European Union and International Monetary Fund for as much as 86 billion euros ($94 billion) in fresh loans to stave off financial ruin and economic collapse. Hollande said by the end of the month.