Greece Reaches Technical Agreement In New Bailout
Greece has reached an agreement with its creditors, but the country still needs political approval for the latest bailout plan.By Jamal Andress | August 11, 2015
After a full night of negotiations in an Athens hotel, Greece has reached a technical agreement on a new bailout plan with its international creditors.
But this is a just a "technical" agreement, meaning the plan still needs political approval. Greece's finance minister will have to try to push this deal through Parliament.