Home | About | Donate

Greece Reaches Financing Deal with Eurozone


#1

Greece Reaches Financing Deal with Eurozone

Jubilee USA

WASHINGTON - European negotiators agreed unanimously to a new financing deal with Greece. The deal includes up to $96 billion in new loans to Greece in exchange for economic reforms, including austerity measures. Greece can reschedule its debt under the deal but cannot receive debt relief. Greece's parliament and Eurozone parliaments must approve the deal.

Eric LeCompte, executive director of the religious development organization Jubilee USA, issues the following statement:

###