Creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their wallets and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. Pension reform which will force greeks to retire later and contribute more to their retirement. Higher sales taxes on
Morning. The word that greece and its creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their walotts and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. Pension reform which will force greeks to retire later and contribute more to th
Creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their wallets and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. Pension reform which will force greeks to retire later and contribute more to their retirement. Higher sales taxes on
Nancy cordes is get reaction on capitol hill but first to Margaret Brennan in vienna who is covering the final round of negotiations. Margaret good morning. Reporter good morning. This deal was reached around 3 00 a. M. Vienna time in private meetings between secretary of state john kerry and irans top diplomats sharif. U. S. Officials tell us iran has explicitly agreed nod to try to build a Nuclear Weapon war head. They will be on the ground to look into some of those facilities and they wont get Automatic Access to military installations but u. S. Officials say they can get into suspicious ones. In exchange for all of this iran will get access to about 100 billion of its frozen assets and eventually will be able to sell oil into the International Markets and open up its economy that has been so choked off the rest of the world from greece in years. Of course none of this happens automatically. It will happen stepbystep as iran follows through what it has pledged to do here in vienna
House this morning as we await for the president to special nancy cordes is get reaction on capitol hill but first to Margaret Brennan in vienna who is covering the final round of negotiations. Margaret good morning. Reporter good morning. This deal was reached around 3 00 a. M. Vienna time in private meetings between secretary of state john kerry and irans top diplomats sharif. U. S. Officials tell us iran has explicitly agreed nod to try to build a Nuclear Weapon war head. They will be on the ground to look into some of those facilities and they wont get Automatic Access to military installations but u. S. Officials say they can get into suspicious ones. In exchange for all of this iran will get access to about 100 billion of its frozen assets and eventually will be able to sell oil into the International Markets and open up its economy that has been so choked off the rest of the world from greece in years. Of course none of this happens automatically. It will happen stepbystep as ir