France's Hollande says Greek bailout deal is thanks to Tsipras reform plan

PARIS (Reuters) - French President Francois Hollande on Friday welcomed the agreement reached by euro zone finance ministers to launch a third Greek bailout, saying it showed Europe could move forward after months of negotiations. "This decisive step was reached thanks to the determination of Alexis Tsipras's government, which is on a path to courageous reforms whilst remaining true to its principles of justice," Hollande said in a statement. (Reporting by Michel Rose; Editing by Kevin Liffey)

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French Finmin says confidence has returned among euro zone finance ministers

French Finance Minister Michel Sapin said trust had returned among euro zone finance ministers after they gave their blessing to lending Greece up to 86 billion euros (61 billion pounds) on Friday. "Trust has returned between finance ministers and the Greek government and this trust was indispensable," Sapin told reporters at a press conference after the meeting in Brussels ended. "There is an absolute convergence of views between the International Monetary Fund and the European authorities, namely the European Commission, the European Central Bank, the European Stability Mechanism and the finance ministers of the Eurogroup.

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Euro members approve Greece bailout package

Greece and its creditors have completed negotiations on the terms of a third bailout package. The deal, worth up to $95 billion, still needs to receive a ...

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Migrant crisis: Greek ship at Kos to house refugees

A passenger ship has docked at the Greek island of Kos to be used as a registration centre and accommodation for migrants and refugees. The vessel ...

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Greek debt still unsustainable, warns IMF’s Lagarde

Greece’s debt remains unsustainable, the International Monetary Fund chief Christine Lagarde said Friday night as euro zone finance ministers approved an €86 billion bailout. Saying Athens could not put its fiscal house in order on its own, Ms Lagarde ...

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Main questions on Greece draft deal at Eurogroup meet

Brussels (AFP) - Eurozone finance ministers were scheduled Friday to go over a new bailout programme in return for reforms by Greece, but some of the creditors feel Athens' pledges are not precise enough. Here is a list of the main questions that still ...

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IMF's Lagarde calls on Europe to provide 'significant' debt relief for Greece

WASHINGTON (Reuters) - The head of the International Monetary Fund (IMF) on Friday pressed Europe to provide "significant" debt relief for Greece, saying Athens could not put its fiscal house in order on its own. In a statement issued as euro zone finance ministers wrapped up six hours of talks on Greece, IMF Managing Director Christine Lagarde said it was "critical for medium and long-term debt sustainability that Greece's European partners make concrete commitments ... to provide significant debt relief, well beyond what has been considered so far. ...

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