Jul
13

Premier of Greece, Alexis Tsipras, Accepts Creditors’ Austerity Deal

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Prime Minister Alexis Tsipras of Greece after reaching an agreement with European leaders in Brussels on Monday.CreditGeert Vanden Wijngaert/Associated Press

ATHENS — Forced by his nation’s creditors into broad new concessions to avert financial collapse, Prime Minister Alexis Tsipras of Greece returned home on Monday with just days to sell the deal to fractured lawmakers and a dazed electorate.

The agreement he struck with other European leaders early Monday after a contentious all-night bargaining session would give Greece the chance to receive its third international bailout in five years, a package of as much as 86 billion euros, or $96 billion, as well as easier repayment terms on some of its existing debt of more than €300 billion and a short-term economic stimulus plan…

Premier of Greece, Alexis Tsipras, Accepts Creditors’ Austerity Deal

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