BREAKING NEWS
This content is not available in your region

Greece deal spells more pain for debt-crippled economy

Comments
Greece deal spells more pain for debt-crippled economy
Text size Aa Aa

The deal reached by Athens and its international creditors in the early hours of Monday (13 June) saw Greek Prime Minister Alexis Tsipras concede to cuts and reforms that his people had decisively rejected in a referendum a week earlier.

The compromise agreement, which has sparked mass street protests in Greece, calls for sweeping economic policy changes, including cuts to pensions and further ‘streamlining’ of the taxation system.

In this edition of Business Line we look at some of the key reforms outlined in the deal and what their impact is likely to be – with analysis from members of the Euronews’ Athens team.

Plus, in our IT-dedicated segment, we get an inside view on how Greek start-ups are navigating their way forward in a debt-ridden economy with a banking system in deep freeze.

Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.