EUROPEAN HEADLINES
FT – Tsipras faces rebellion in Athens after accepting €86bn EU bailout. Premier likely to rely on opposition. Greece an economic protectorate, says official.
WSJE – Europe reaches rescue deal for Greece. Final agreement depends on Athens adopting overhauls in coming days.
INYT – Tsipras starts task of selling debt deal. Greek leader has two days to sway lawmakers on terms he once opposed.
FRANCE
Le Monde – Europe prevents its implosion by keeping Greece in the eurozone. Angela Merkel has finally accepted a €86 billion rescue plan over three years in exchange for draconian reforms by Alexis Tsipras.
Les Echos – No publication today.
GERMANY
Frankfurter Allgemeine (FAZ) – Athens remains under pressure following compromise. Negotiations on new financial aid will happen only after the approval of the reform package.
Suedeutsche Zeitung – Tsipras bows to euro states. Greece’s Prime Minister can hope for a €86-billion rescue package, but will have to meet tough requirements: cut pensions, raise taxes and sell public assets.
ITALY
La Repubblica – EU agreement divides Greece. €80 billion bailout in exchange for reforms to be carried out by tomorrow. Varoufakis attacks “Humiliating, Tsipras gave in”. The government risks to collapse. Banks remain closed. Markets welcome the agreement, stock exchanges rise, spread falls.
Il Sole 24 Ore – Greece: €86 billion and shock measures. The Parliament must approve VAT and pension reforms by tomorrow – Renzi: the real challenge is to save the EU.
POLAND
Gazeta – Sharp cuts and new loans instead of Grexit. Euroland agreed to save Greece from economic slump and quick Grexit but Prime Minister Tsipras had to capitulate in his fight for softening the cuts and reforms.
SPAIN
El Pais – Political crisis in Greece due to the concessions Tsipras made to Europe. Syriza’s leader faces rebellion within his own party.
Expansion – At last, an agreement. Greece agreed upon a tough bailout plan to remain in the eurozone
UK
The Times– Cameron vows to close the pay gap for women. Businesses will be forced to publish average salaries for the men and women they employ under plans to shame bosses into closing the gender pay gap.
The Guardian – Big firms will be forced to reveal gender pay gap. PM vows to end differential of women earning 80p for every £1 paid to men.
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