With the world bracing for Greece’s exit from the Eurozone, Donald Tusk, President of the European Council, miraculously announced that a deal with the debt-crippled country had been reached. After nearly 17 hours of negotiations at the Euro Summit, Eurozone leaders extended a $96 billion bailout to Greece in what has proved to be the third bailout since 2010. As rumors continue to circulate regarding Greece’s next steps, Stathis Kalyvas, leading expert and author of Modern Greece: What Everyone Needs To Know, joined the global conversation, responding to the announcement of the recent bailout via Twitter.
Image Credit: “A picture of some Euro banknotes and various Euro coins” by Avij. Public Domain via Wikimedia Commons.