German Chancellor Angela Merkel speaks during a media conference after a meeting of eurozone heads of state at the EU Council building in Brussels on Monday, July 13, 2015. Michel Euler / AP Photo
German Chancellor Angela Merkel speaks during a media conference after a meeting of eurozone heads of state at the EU Council building in Brussels on Monday, July 13, 2015. Michel Euler / AP Photo
An employee speak on the telephone, as a television set displays an image of Alexis Tsipras, Greece’s prime minister, during a news broadcast from Brussels, on the trading floor at Panmure Gordon & Co, in London. Matthew Lloyd / Bloomberg
An employee speak on the telephone, as a television set displays an image of Alexis Tsipras, Greece’s prime minister, during a news broadcast from Brussels, on the trading floor at Panmure Gordon & Co, in London. Matthew Lloyd / Bloomberg
A elderly man In a wheelchair waits with other pensioners outside a national bank branch to withdraw a maximum of €120 euros for the week in central Athens, Monday, July 13, 2015. Petros Giannakouris / AP Photo
A elderly man In a wheelchair waits with other pensioners outside a national bank branch to withdraw a maximum of €120 euros for the week in central Athens, Monday, July 13, 2015. Petros Giannakouris / AP Photo
Managing director of the IMF Christine Lagarde smiles as she leaves after a meeting of eurozone heads of state at the EU Council building in Brussels on Monday, July 13, 2015. Geert Vanden Wijngaert / AP Photo
Managing director of the IMF Christine Lagarde smiles as she leaves after a meeting of eurozone heads of state at the EU Council building in Brussels on Monday, July 13, 2015. Geert Vanden Wijngaert / AP Photo
Customers sit outside a shop window advertising sales in central Athens, Greece, 13 July 2013. Greece’s deal with its creditors keeps the country in the European Union, prime minister Alexis Tsipras said after eurozone leaders agreed to a new bailout programme. YANNIS KOLESIDIS / EPA
Customers sit outside a shop window advertising sales in central Athens, Greece, 13 July 2013. Greece’s deal with its creditors keeps the country in the European Union, prime minister Alexis Tsipras said after eurozone leaders agreed to a new bailout programme. YANNIS KOLESIDIS / EPA
A secuirty guard delivers cash to a branch of the National Bank of Greece in Kotzia Square on July 13, 2015 in Athens. Christopher Furlong / Getty Images
A secuirty guard delivers cash to a branch of the National Bank of Greece in Kotzia Square on July 13, 2015 in Athens. Christopher Furlong / Getty Images
German finance minister Wolfgang Schaeuble, sitting centre, goes over papers with members of his delegation during a round table meeting of eurogroup finance ministers at the EU Lex building in Brussels on Sunday, July 12, 2015. Virginia Mayo / AP Photo
German finance minister Wolfgang Schaeuble, sitting centre, goes over papers with members of his delegation during a round table meeting of eurogroup finance ministers at the EU Lex building in Brussels on Sunday, July 12, 2015. Virginia Mayo / AP Photo
Greek prime minister Alexis Tsipras, left, speaks with, from left, European Commission president Jean-Claude Juncker, French president Francois Hollande and Belgian prime minister Charles Michel during a meeting of eurozone heads of state at the EU Council building in Brussels. Geert Vanden Wijngaert / AP Photo
Greek prime minister Alexis Tsipras, left, speaks with, from left, European Commission president Jean-Claude Juncker, French president Francois Hollande and Belgian prime minister Charles Michel during a meeting of eurozone heads of state at the EU Council building in Brussels. Geert Vanden Wijngaert / AP Photo
South Korean dealers work in front of monitors at the Exchange Bank in Seoul, South Korea, July 13 2015. The benchmark South Korea Composite Stock Price Index (KOSPI) rose under the rellef loan agreement of Greece. JEON HEON-KYUN / EPA
South Korean dealers work in front of monitors at the Exchange Bank in Seoul, South Korea, July 13 2015. The benchmark South Korea Composite Stock Price Index (KOSPI) rose under the rellef loan agreement of Greece. JEON HEON-KYUN / EPA
A man reads the headlines of newspapers at a kiosk in central Athens, Greece, 13 July 2015. ALEXANDROS VLACHOS / EPA
A man reads the headlines of newspapers at a kiosk in central Athens, Greece, 13 July 2015. ALEXANDROS VLACHOS / EPA
Traders look at their screens on the trading floor at the stock exchange in Frankfurt, Germany, July 13 2015. The German stock market recovered after the agreement in the Greek debt crisis was reached. European shares jumped as a relief rally took shape after eurozone leaders clinched a deal to head off the immediate threat of Greece crashing out of the currency bloc. Frank Rumpenhorst / EPA
Traders look at their screens on the trading floor at the stock exchange in Frankfurt, Germany, July 13 2015. The German stock market recovered after the agreement in the Greek debt crisis was reached. European shares jumped as a relief rally took shape after eurozone leaders clinched a deal to head off the immediate threat of Greece crashing out of the currency bloc. Frank Rumpenhorst / EPA

Business

Greece avoids euro exit as bailout agreement reached – in pictures

Liz Claus

July 13, 2015

  • English
  • Arabic

A Eurozone summit has reached a tentative agreement with Athens on a bailout programme that includes “serious reforms” and aid, removing an immediate threat of financial collapse in Greece.

EconomyTechnologyGreece

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