Since Sunday, Eurozone leaders have been in talks seeking to establish terms for additional financial aid to Greece. Earlier in the day, European Council President Donald Tusk said the sides reached a unanimous agreement on Greece’s economic crisis.
“We agreed the terms and volume of the aid program at 86 billion euros for three years, as well as how to provide the stability of the loan,” Merkel said at a press conference aired on ERT television.
Holding wide-scale reforms under the conditions of their fulfillment will allow Greece to the path of changing the country’s economy, Merkel said.
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