Greek agreement lifts equities, but doubts remain

Euro economy, markets should recover on Greek deal - Roubini

By Jamie McGeever

LONDON (Reuters) - If implemented, the last-gasp deal to keep Greece in the euro zone should allow the region's economy and markets to regain the momentum they showed earlier this year by removing an existential threat to the 19-nation-bloc, economist Nouriel Roubini said on Monday.

The agreement, despite its imperfections, shows that Europe will ultimately pull together, even to try to help its weakest link, said the professor of economics and international business at the Stern School of Business, New York University.

If there had been a 'Grexit' - Greece exiting the euro zone - a... More

Dijsselbloem re-elected as Eurogroup chairman - Bloomberg (FXE)

Jeroen Dijsselbloem re-elected as Eurogroup chairman, according to Bloomberg, citing an official on the news.

Greece to miss 450 million IMF loan payment on Monday: sources

ATHENS (Reuters) - Greece will not meet a 450 million euro ($496.7 million) loan repayment to the International Monetary Fund that falls due on Monday given its severe cash crunch, two sources close to the issue said.

The missed payment will follow a 1.6 billion euro payment to the IMF which... More

National Bank of Greece (NBG) Shares Go Red

National Bank of Greece (NYSE: NBG) shares pared earlier gains and declined mid-morning on Monday, falling 3% despite Greece and the Eurozone's bailout deal.

Spain's PM says Greece deal strengthens euro

MADRID (Reuters) - The debt deal agreed between Greece and its euro zone partners is good news for the bloc and strengthens the euro, Spanish Prime Minister Mariano Rajoy said.

Greece's economy and job market will benefit provided it sticks to the commitments it has agreed under... More