Investment Banking

Greece says bailout terms reached

International creditors on board for new bailout worth €86 billion, although some details remain unresolved

Greece says bailout terms reached

Greece and international creditors have reached an agreement on the terms needed to provide the country with a third bailout worth up to €86 billion ($94.76 billion), although some details remain unresolved, a Greek government official said Tuesday.

After talks that ran for more than 18 hours, government spokesman Theodoros Mihopoulos said in a tweet that "negotiations have been completed. There are some details left."

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