The Good And The Bad Of Greece's Bailout Deal
The four-month bailout extension isn't what the new Greek government promised its voters, but Greece did manage to find a few silver linings.By Matt Picht | February 22, 2015
Greek Prime Minister Alexis Tsipras has declared a minor victory for his far-left government. They've reached a tentative deal with their Eurozone creditors to keep the cash flowing for the next four months.
"Yesterday we took a decisive step, leaving austerity, the bailout deal and the troika behind us," Tsipras said.
But the deal looks much different in the financial press, which quickly dubbed the agreement a one-sided victory for the E.U. nations who hold the purse strings on Greece's much-needed bailout loans. (Video via Sky News)