Eurozone finally agrees a deal but uncertainties remain unresolved

Content Type
Policy Brief
Institution
Oxford Economics
Abstract
After protracted negotiations, Eurozone leaders finally agreed on a new package of measures last week. The outline deal has a three-pronged approach aimed at tackling the main aspects of the crisis: reducing Greece's debt burden, avoiding a credit crunch by recapitalising European banks, and preventing contagion to other countries via a boost to the EFSF.
Topic
Debt, Economics, Markets, Regional Cooperation, Financial Crisis
Political Geography
Europe, Greece