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| Greece debt crisis live: Belgian Prime Minister tweets 'agreement' after mammoth, all-night summit | |
| (35 minutes later) | |
| Here are the latest updates: | Here are the latest updates: |
| ● Belgium Prime Minister tweets 'agreement' after mammoth, all-night summit | ● Belgium Prime Minister tweets 'agreement' after mammoth, all-night summit |
| ● European Commissioner promises 'there is a way out'... but economists say Grexit likely | ● European Commissioner promises 'there is a way out'... but economists say Grexit likely |
| ● Athens blinks first as Alexis Tsipras promises to 'immediately implement' reforms | ● Athens blinks first as Alexis Tsipras promises to 'immediately implement' reforms |
| ● Will Greek troubles spill over to the rest of Europe and UK? | ● Will Greek troubles spill over to the rest of Europe and UK? |
| ● The Greece debt crisis explained in less than 100 words | ● The Greece debt crisis explained in less than 100 words |
| ● Will Greek troubles spill over to the rest of Europe and UK? | ● Will Greek troubles spill over to the rest of Europe and UK? |
| ● Greece travel advice Q&A: Tourists urged to bring cash not cards on holiday | ● Greece travel advice Q&A: Tourists urged to bring cash not cards on holiday |
| ● What are capital controls and how do they work? | ● What are capital controls and how do they work? |
| Please wait a moment while the liveblog loads... | Please wait a moment while the liveblog loads... |
| Eurozone leaders appear to have reached a compromise deal that would secure Greece a third bailout in a Eurogroup summit that has gone on through the night in Brussels. | Eurozone leaders appear to have reached a compromise deal that would secure Greece a third bailout in a Eurogroup summit that has gone on through the night in Brussels. |
| After a marathon 15 hours of talks, the longest EU summit on record, Charles Michel, the Belgium prime minister, tweeted the word: "Agreement". | After a marathon 15 hours of talks, the longest EU summit on record, Charles Michel, the Belgium prime minister, tweeted the word: "Agreement". |
| Banks in Greece are still closed signalling that without the emergency funding they do not hold enough cash to reopen. | Banks in Greece are still closed signalling that without the emergency funding they do not hold enough cash to reopen. |
| Mr Tsipras sounded upbeat before the summit, telling reporters, “I am here, ready for an honest compromise.” He was buoyed by a softening of tone by some countries: the hawkish Finnish Finance Minister Alex Stubb, who was adamant on Saturday after the reportedly fractious eurozone ministers’ meeting that the only solution was a Greek exit from the euro, said: “I think there’s a very good proposal on the table.” | Mr Tsipras sounded upbeat before the summit, telling reporters, “I am here, ready for an honest compromise.” He was buoyed by a softening of tone by some countries: the hawkish Finnish Finance Minister Alex Stubb, who was adamant on Saturday after the reportedly fractious eurozone ministers’ meeting that the only solution was a Greek exit from the euro, said: “I think there’s a very good proposal on the table.” |
| Last week economists now believe Greece will be forced to leave the Eurozone, according to a poll by Reuters on Wednesday. The 57 economists asked gave a median 55 per cent chance of Greece leaving the Eurozone. Reuters said it was the first time the balance had tipped to the likelihood of a so-called Grexit. | Last week economists now believe Greece will be forced to leave the Eurozone, according to a poll by Reuters on Wednesday. The 57 economists asked gave a median 55 per cent chance of Greece leaving the Eurozone. Reuters said it was the first time the balance had tipped to the likelihood of a so-called Grexit. |