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No ‘Grexit’ as Eurozone reaches agreement on Greek crisis

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By NewsGram Staff Writer

Eurozone leaders on Monday reached a “unanimous” agreement after marathon talks over a third bailout for Greece, European Union (EU) President Donald Tusk said.

He said that a bailout programme was “all ready to go” for Greece, “with serious reforms and financial support”, BBC reported.

“There will not be a ‘Grexit’ (Greek exit from the eurozone),” European Commission head Jean-Claude Juncker said, referring to the fear that Greece would have to leave the euro.

“There are no winners or losers, I don’t think the Greek people have been humiliated and I don’t think other European countries have lost face,” Juncker added.

Greek Prime Minister Alexis Tsipras agreed to tough reforms after 17 hours of gruelling negotiations by eurozone leaders in return for a three-year bailout programme worth up to 86 billion euros ($96 billion), Greece’s third rescue deal in five years.

Greece is expected to pass reforms demanded by the eurozone by Wednesday.

Parliaments in several eurozone states also have to approve any new bailout.

 

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EC Orders Twitter to Remove Exit Poll-related Tweets

The exit polls would be announced on May 19, after voting in the last phase of the Lok Sabha elections

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The logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange. vOA

The Election Commission on Wednesday ordered Twitter India to remove all tweets related to exit polls.

As the seven-phase Lok Sabha elections only comes to an end on May 19, the poll panel directed the micro-blogging platform to remove all such tweets.

Twitter was yet to react to the EC order.

Twitter, India, Smartphone
Twitter on a smartphone device. Pixabay

On Tuesday, the poll panel had sent notices to three media houses for publishing surveys predicting the results.

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The Election Commission had asked “as to why action should not be taken against them for violation of provision of section 126A of Representation of the People Act”.

The exit polls would be announced on May 19, after voting in the last phase of the Lok Sabha elections. (IANS)