Athens will be supported by 109 billion euros

With great relief, the Greek government reacted to agreeing to a second package of international aid. Finance Minister Evangelos Venizelos promised in Athens, he will continue to persistently unpopular savings rate. Heads of States and Governments of 17 member countries of the euro agreed on Thursday in Brussels for a common strategy for the salvation of Greece and to stabilize the euro area.

According to her, Athens will be supported by 109 billion euros. For the first time, to address the debt crisis as private creditors including banks and insurance. Engagement of private creditors could make the rating agencies announce credit risk of Greece as "temporarily unable to pay." German Chancellor Angela Merkel expressed satisfaction with the results of high-level meeting on the euro on Thursday. With this, the participating countries made ​​a significant step forward, Merkel said at a press conference in Berlin. Avoiding the crisis of the euro is a historic task, because Europe is no longer conceivable without the euro. Chancellor appeared confident that Greece will be the implementing austerity measures and reforms, required by it. This applies to Portugal and Ireland. An automatic financial compensation she refused, just as a restructuring of debts of Greece. Even in domestic policy, Merkel made ​​a positive balance. Economic growth will be similar to last year to 3.6%, perhaps as an annual average unemployment rate will fall below 3 million.