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Europe Daily Bulletin No. 10424

22 July 2011
SPECIAL EDITION / (ae) eu/summit
Agreement on second Greek plan and extension of bailout fund

Brussels, 22/07/2011 (Agence Europe) - Greece will be an exception in the eurozone, as its bailout will be the only one to involve the private sector. That is the commitment made by euro area leaders, meeting in Brussels on Thursday 21 July in an extraordinary Summit attended by ECB President Jean-Claude Trichet and IMF Director General Christine Lagarde. The 17 eurozone states thrashed out the details of the second Greek plan and, if this leads to a partial default by Greece, the safeguards...