Britannica
Sources used in this answer
What was the size of Greece's new bailout agreement approved in July 2015?
Created from Britannica articles
using AI.
AI can make mistakes, so verify using Britannica articles.
Alexis Tsipras
Leader of Syriza Alexis Tsipras, 2012.
In July 2015, the Greek government and its creditors agreed to a new three-year bailout package worth €86 billion ($95 billion).12
This agreement was reached following a period of intense negotiations and a national referendum in which Greek voters rejected the terms of a previous bailout proposal. Prime Minister Alexis Tsipras presented the new deal to the Greek parliament, where it was approved in the early hours of July 16, 2015, with the support of opposition parties.12