Greece dominated international headlines on Thursday, as political leaders (finally) reached an agreement on even more brutal austerity measures.
Financial Times and Marketwatch were among the first media to report the news on the agreement. Marketwatch referred to the reaction of the markets and commented “Greece inspires investors’! The Financial Times referred to the agreement through their “Eurozone crisis blog”, a special blog that focuses on the euro-crisis.
“Stocks in Europe are increasing for the first time in 4 days, as news circulated that Greek politicians in Athens came to an agreement,” said Bloomberg, while BBC even had a breaking news special report saying “Athens heads towards an agreement”, arguing that the agreement paved the way for a new rescue for Greece.
The French France24 writes that the agreement of political leaders paved the way for the financing of Greece with 130 billion euros.
The NY Post and NY Times also made similar references while CNBC reported the news with a church on an Aegean island in the background and commented that Greek politicians have agreed to rescue … their own country.
Greece also topped the headlines of Turkish newspapers. Vatan’s title read “Because of 151 million Euros, our neighbour loses 130 billion Euros”. Milliyet refers to the economic crisis in Greece with the title “Greece in the last stage before the bankruptcy” and writes that Greek politicians, despite protests, prepared a text for the common agreement to prevent bankruptcy.
Hurriyet writes that Greece was blackmailed to do what its lenders said or go bankrupt, and refers to the 16-page draft with the new austerity measures. It also reported the news from the successive meetings and mentioned the demonstrations in Athens as people went back to the streets to protest. Cumhuriyet writes on the topic: “The government gives up, the workers react” while Bugun writes about the latest “strike against additional measures” and Yeni Safak’s headline reads “Greece cornered between the troika and its people”. Turkiye referred to the prospect of Greece leaving the eurozoe saying “Even if Greece exits the euro there will be no disaster,” noting the statement made by Neelie Kroes from the European Commission that even if Greece leaves the eurozone, the EU will continue to stand on its legs.
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